Azul Linhas Aéreas Brasileiras S.A. has finalized a firm order for 30 Embraer 195-E2 jets and has secured purchase rights on 20 more.
Embraer first announced Azul Linhas Aéreas Brasileiras’ commitment to the E-Jets E2 family as a letter of intent (LOI) during the Farnborough International Airshow 2014, in July last year.
The Brazil-based manufacturer puts a total potential value of US$3.2 billion on Azul’s contract for up to 50 Embraer 195-E2 jets at current list prices, if the airline converts all 20 of its purchase rights into firm orders.
Embraer will include Azul’s firm order will be included in its 2015 second-quarter order backlog.
Azul is due to take delivery of its first Embraer 195-E2 in the second quarter of 2020.
“Our partnership with Embraer, since the founding of Azul, has been decisive for consolidating our business plan and our growth in the domestic aviation market,” says David Neeleman, CEO of Azul. “By choosing airplanes built and developed in Brazil, Azul contributes to generating and maintaining jobs, as well as to the development of Brazil’s economy.”
Adds Neeleman: “The E2 will be the most advanced airplane in its category, providing a savings on fuel burn more than 20 per cent higher than the current model. That will be fundamental for maintaining our competitive fares and for growing in the domestic market.”
Currently, the Brazilian airline has 60 Embraer 195s and 22 Embraer 190s in service and has another six Embraer 195s on order. Azul operates the largest fleet of Embraer 195s in the world.
With Azul’s May 21 firm order, the Embraer E-Jets E2-family firm-order backlog has increased to 242 aircraft, with Embraer also booking options and purchase rights on another 348.
The first delivery of an aircraft in the E-Jets E2 family (an E190-E2) is planned for the first half of 2018. The Embraer 195-E2 is slated to enter service in 2019 and the Embraer 175-E2 in 2020.
Embraer’s E-Jets E2 aircraft will all be powered by Pratt & Whitney PurePower PW1000G-family geared-turbofan engines.
The PW1700G version will power the Embraer 175-E2, while the more powerful and larger-fan PW1900G will power the Embraer 190-E2 and Embraer 195-E2.