Brazil’s Azul is Launch Customer for Embraer E195-E2

(Image: Embraer)
(Image: Embraer)
(Image: Embraer)

Embraer has announced at the 2014 Farnborough International Airshow, that it has signed a Letter of Intent (LOI) with Azul Linhas Aéreas Brasileiras SA for 30 firm orders for the E195-E2 jets.  The manufacturer says the firm order is expected to be completed by the fourth quarter of this year, when the aircraft will be added to the Company’s backlog. Besides the firm order, the LOI includes additional 20 purchase rights for the same model, bringing the total potential order to up to 50 E195-E2 jets.  The contract for the E-Jets E2 has an estimated value of USD 3.1 billion, at list prices, if all purchase rights are converted to firm orders.  As the first airline to order the E195-E2, Azul becomes the launch operator for this aircraft. “With the E-Jets family as the backbone of its fleet, Azul has brought affordable air travel to an entirely new segment of the population in Brazil,” said Paulo Cesar Silva, President and CEO, Embraer Commercial Aviation. “With this order, all of us at Embraer are proud to know that the Brazilian market will continue to be served long into the future with our latest products.  We thank Azul for their commitment and partnership which has culminated in this very important milestone that we celebrate today.”