Brazil’s TRIP Linhas Aéreas has ordered four more Embraer 190s, taking its total E-Jet commitment to 24 aircraft including examples ordered directly from Embraer and aircraft acquired on lease from leasing companies.
One of the four aircraft was already recorded in Embraer’s firm-order backlog for the fourth quarter of 2010, as being for an undisclosed customer. This year, TRIP will receive nine Embraer 190s, doubling its in-service fleet of E-Jets.
The manufacturer puts a list-price value of US$172 million in January 2011 dollars on the new TRIP deal.
“Embraer is proud to support and take part in TRIP’s impressive growth, which has shown great solidity and admirable business planning,” says Paulo César de Souza e Silva, Embraer’s executive vice president, airline market. “TRIP’s strategy is based on the complementary nature of the Embraer175 and Embraer 190 models, which shows the versatility, economics and performance of the E-Jets family.”
TRIP’s Embraer 190 jets will be configured in a single 110-seat class. With the four additional aircraft, the airline plans to expand the number of destinations it serves in Brazil, with the Brazilian air transport market expected to double in size in the next five years. TRIP currently operates nine Embraer 175s, configured in a single-class 86-seat layout.
“We consider the E-Jets by Embraer to be ideal for supporting our continuous and sustainable growth,” says José Mário Caprioli, President of TRIP Linhas Aéreas. “TRIP already owns the largest regional fleet in South America, and the acquisition of these nine aircraft will make it possible to boost the connections between our regional hubs, as well as the expansion of routes between cities with a medium traffic density.”
TRIP Linhas Aéreas says it is the largest regional airline in South America. Operational for 12 years, it serves 82 cities with a fleet of 42 aircraft. The company is controlled by the Caprioli and Águia Branca groups, both of which are traditional passenger transportation companies and have histories of solid results, and sustained growth.
Another investor in TRIP is U.S. regional airline group SkyWest, Inc., which has 696 aircraft and is the biggest regional airline in the world. SkyWest owns a 20 per cent stake in TRIP.
For more information on TRIP Linhas Aéreas, visit www.voetrip.com.br.