ILFC Firms Order for 50 Embraer E-Jets E2 Aircraft, Options 50 More

Aircraft July 17, 2013 Staff

ILFC has ordered 25 Embraer 190-E2s and 25 Embraer 195-E2s, the two largest models in the three-model family, in a deal which Embraer values...

Los Angeles-based leasing company International Lease Finance Corporation (ILFC) has signed a firm order for 50 aircraft of the new Embraer E-Jets E2 family.

ILFC has ordered 25 Embraer 190-E2s and 25 Embraer 195-E2s, the two largest models in the three-model family, in a deal which Embraer values at $2.85 billion at current list prices.

On June 17, 2013, leasing company ILFC signed a letter of intent for up to 100 Embraer 190-E2s and Embraer 195-E2s. On launching the E2 program that day at the Paris Airshow, Embraer also announced LOI commitments from five undisclosed airlines for a total of 65 E-Jet E2-family aircraft. ILFC firmed an order for 25 Embraer 190-E2s and 25 Embraer 195-E2s on July 17, 2013, and took options on 25 more of each type at the same time, preserving its 100-aircraft commitment

The contract, announced on June 17 as a letter of intent at the Paris Air Show 2013, also contains options for an additional 25 Embraer 190-E2s and 25 Embraer 195-E2s, bringing ILFC’s potential order to up to 100 aircraft.

Embraer has designated the three new aircraft ‒ the Embraer 175-E2, Embraer 190-E2, and Embraer 195-E2 ‒ as ‘E2’ to signify generational changes in technologies that the manufacturer is incorporating into their designs

Each of the three aircraft has the versatility for a range of single class, multi-class, or high-density seat capacities to suit operator requirements. Their cabins will have a new “look and feel” that will offer a greater standard of comfort and a superior passenger experience, according to Embraer.

The Brazilian manufacturer claims the E-Jets E2s’ new Pratt & Whitney PurePower PW1000G-family geared-turbofan engines, in combination with new aerodynamically advanced wings, new engines, full fly-by-wire flight controls, and advancements in other systems, will result in double-digit percentage improvements in fuel burn, maintenance costs, emissions, and external noise.

The first delivery of an E-Jets E2 aircraft (an Embraer 190-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.

More than 950 current-generation Embraer E-Jets have been delivered to date. Currently, 65 customers from 45 countries operate Embraer E-Jets.