Posted on: 02 September 2016 by Mark Howells
Colorful Guizhou Airlines has signed an agreement for up to five E190s with Embraer, including two firm orders and three purchase rights.
The firm order will be included in Embraer’s 3Q16 backlog, with the two aircraft scheduled to be delivered in 2017. The contract has an estimated value of USD249 million at the current list price if all purchase rights are exercised.
During the 51st International Paris Air Show in June 2015, Colorful Guizhou Airlines placed an order for seven firm E190s, four of which have already been delivered.
Zhai Yan, chairman of Colorful Guizhou Airlines, declared, “Being newly-established and the first locally-owned airline in Guizhou province, Colorful Guizhou Airlines needs mature aircraft and services to guarantee our steady operation. Based on the aircraft’s performance during the past eight months, we are glad we picked Embraer’s E190, an aircraft model with good economy, unparalleled cabin comfort and high reliability, which has enabled us to provide passengers with a good travel experience. We hope that the E190 fleet can help us build a sky passageway inside and beyond Guizhou province, and eventually contribute to improving the connectivity of China’s Southwest region.”
“Colorful Guizhou Airlines’ decision to purchase more E190s means a lot to Embraer,” noted Guan Dongyuan, SVP Embraer and president of Embraer China. “It is not only a recognition of our aircraft already in operation, but also a demonstration of the sincere trust between Embraer and Colorful Guizhou. As a manufacturer, as well as a service provider, the Embraer China team will continue to be devoted to customer services and support, to safeguard the smooth operation of our customers. We deeply appreciate Colorful Guizhou’s trust and Embraer will be a loyal partner of Colorful Guizhou along this road to a brighter future.”
“China is among the most dynamic aviation markets in the world, and Guiyang is an important potential hub in southwestern China and we are glad to be part of it with Colorful Guizhou Airlines,” added Guo Qing, VP sales and marketing, commercial aviation, Embraer China. “Embraer applauds the Chinese government’s ‘Belt and Road Initiatives’, and we hope that, as an aircraft manufacturer, we can contribute in this process by providing the best products to our customers.”