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Austrian approves purchase of 17 E-Jets

The Supervisory Board of Austrian Airlines has approved the purchase of 17 Embraer 195s in almost new condition with a list price of close to $900 million.

The first aircraft is scheduled to be delivered in August 2015, modified in line with Austrian’s requirements and used for training purposes. Close to 200 of the airline’s pilots will be trained to operate the Embraer aircraft starting in the autumn of this year. The first commercial flight is planned for January 2016.

“A decision was made today on one of the largest investment projects in the history of Austrian aviation. 900 jobs are directly connected to this investment programme,” explained Andreas Otto, CCO of Austrian Airlines.

The 17 E-Jets will come from Lufthansa CityLine, which in return will receive Bombardier CRJ900 NextGen aircraft from Eurowings. The Embraer 195 with 120 seats per aircraft is considerably bigger than the Fokker aircraft they will replace. The E-Jets have an average age of four years (built 2009-2012), compared with the average age of about 21 years for the Fokker fleet. Moreover, the younger aircraft use about 18% less fuel per aircraft seat.

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