Its parent company Republic Airways Holdings already the largest operator of Embraer E-Jets in the world, U.S. regional airline Republic Airlines has signed a letter of intent (LOI) at the 47th Farnborough International Airshow for 24 more Embraer 190 jets.
If Republic firms the new Embraer 190 LOI into an order, Embraer says the total list-price value of the deal would be $960 million in January 2010 dollars.
“It is a great honor to announce this new agreement for additional Embraer190 jets. We have a long and successful partnership with Republic Airlines,” says says Paulo César de Souza e Silva, Embraer’s executive vice president, airline market. “They already operate all three models of our ERJ-145 jets family, as well as the Embraer 170, Embraer 175 and Embraer 190.
“This is further proof of the flexibility and convenience the E-Jets bring to airlines,” adds de Souza e Silva. “The four aircraft models share more than 86 per cent commonality, which means reduced training and maintenance costs, while keeping the same comfortable cabin and modern systems.”
Embraer’s relationship with Republic dates back to 1999, when Chautauqua Airlines, also a subsidiary of Republic Airways Holdings, took delivery of its first ERJ-145 for the US Airways Express operation. Chautauqua Airlines currently operates the three models of the ERJ-145 family – the ERJ-135, the ERJ-140 and the ERJ-145 – with a fleet of 78 aircraft, under the colors of American Connection, Continental Express, Delta Connection, Frontier Airlines, Midwest Airlines and US Airways Express. Republic Airways Holdings, which owns six airlines, operates a total number of 223 Embraer jets.
“It is my distinct pleasure to announce a further expansion of our partnership with Embraer,” says Bryan Bedford, CEO of Republic Airways Holdings. “This new agreement confirms our commitment to the E-Jet family. We chose them again because passenger comfort, mission performance, especially in hot and high markets like Denver (DEN), and compelling economics are hallmarks of the E-Jets product line. We will start to take delivery of six Embraer 190 jets in mid-2011 and we also have flexibility through conversion rights to the Embraer 195 in a 116-seat, single-class configuration with our stretch seating interior.”
The U.S.-based company currently has 145 E-Jets in its fleet (76 Embraer 170s, 54 Embraer 175s and 15 Embraer 190s), operating under the colors of Delta Connection, Frontier Airlines, Midwest Airlines, United Express and US Airways Express. The first delivery of the new Embraer 190s is scheduled for the first half of 2011.
Republic Airways Holdings, based in Indianapolis, Indiana, is an airline holding company that owns Chautauqua Airlines, Frontier Airlines, Lynx Aviation, Midwest Airlines, Republic Airlines and Shuttle America. These airlines offer scheduled passenger service on approximately 1,600 flights daily to 123 cities in 44 states, Canada, Costa Rica, and Mexico, under branded operations with Frontier and Midwest and through fixed-fee airline service agreements with five major U.S. airlines.
The fixed-fee flights are operated under an airline partner brand, such as American Connection, Continental Express, Delta Connection, United Express and US Airways Express. The airlines belonging to the group currently employ approximately 11,000 aviation professionals and operate 282 regional jets. For more information, visit www.rjet.com.
Republic Airways Holdings has also ordered 40 Bombardier CS300 jets and optioned 40 more in 2010, adding to the momentum for the new CSeries 100-to-149-seat jet program (which uses the new Pratt & Whitney PurePower PW1500G geared turbofan to power the aircraft) and forcing Airbus and Boeing to evaluate the possible need to re-engine their A320 and 737NG families. At least some of Republic’s Bombardier CS300s are intended to replace Airbus A318s and A319s in Frontier Airlines service.