Posted on: 21 May 2015 by Ross McSweeny
Azul Linhas Aéreas Brasileiras (Azul) has signed a firm purchase order for 30 E195-E2 jets from Embraer following a Letter of Intent (LOI) signed during the 2014 Farnborough International Airshow for 50 E195-E2s, leaving Azul with options for 20 further of the type.
The first delivery is scheduled for the second quarter of 2020, with the firm orders set to be included in Embraer’s 2015 second-quarter backlog. With this firm order from Azul, the E-Jets E2 backlog reaches 242 firm orders, plus 348 options and purchase rights.
“In the name of Embraer’s 19,000 employees, I want to thank Azul for choosing us, once again, to be a part in the development of the company, which was born and has grown with the E-Jets in the Brazilian market,” remarked Paulo César Silva, president and CEO, Embraer Commercial Aviation. “This new contract is a show of confidence in the E-Jets E2 programme, which is following in the steps of the commercial success of the current E-Jets generation. For that reason, we continually invest in meeting the demands of the airline companies for an even more efficient generation of aircraft.”
“Our partnership with Embraer, since the founding of Azul, has been decisive for consolidating our business plan and our growth in the domestic aviation market. By choosing aircraft built and developed in Brazil, Azul contributes to generating and maintaining jobs, as well as to the development of Brazil’s economy,” stated Azul’s CEO, David Neeleman. “The E2 will be the most advanced aircraft in its category, providing a savings on fuel burn more than 20% higher than the current model. That will be fundamental for maintaining our competitive fares and for growing in the domestic market.”
Currently, Azul has a total of 82 E-Jets in service and another six E195s on order. It operates the largest fleet of E195s in the world.