Industry Porter Airlines orders up to 80 Embraer E195-E2
Porter Airlines has signed a purchase agreement with Embraer for up to 80 E195-E2 regional jets.
Over the course of a fleet modernization and expansion plan, Porter Airlines will integrate new Embraer E195-E2 jets into its fleet. The carrier has signed a firm purchase agreement with manufacturer Embraer over 30 aircraft.
Additionally, if the airline sees demand or is satisfied with its new E195s, Porter has purchase options which extend to 50 further aircraft that could possibly join the airlines fleet in the future. According to current list prices, the deal is valued around USD 5.82 billion with all options exercised.
Embraer had initially announced the order in May 2021 but has now revealed the customer name and the amount of the purchase rights. The deal, according to Embraer, will be included in the company´s second-quarter backlog.
Michael Deluce, President and CEO of Porter Airlines commented on the new deal: “This is a defining moment in Porter’s history. Today we lay the foundation for a new and further reaching service for our customers, delivered in true Porter style and comfort. Embraer’s E2, with its spacious cabin, quiet operations, and no middle seats, provides the refined comfortable experience upon which Porter has built its reputation for service and quality. Our customers are going to love the experience on this jet as much as we already do at Porter.”
With this order, Porter Airlines is also set to become the launch operator for the E2 in North America. The carrier seeks to use the aircraft on routes to business and leisure destinations throughout Canada, the Caribbean, Mexico and the United States. Most of the new E195-E2s will be stationed at Ottawa, Montreal, Toronto Pearson or Halifax airports.
Arjan Meijer, President and CEO Embraer Commercial Aviation, commented: “With this order for up to 80 of our largest aircraft, the E2 is making a stunning North American debut. As the quietest and most fuel-efficient aircraft in the segment, the E195-E2 also delivers excellent economic performance that shines through.”
In what configuration Porter Airlines will use their E195-E2s, is yet to be announced. Normally, between 120 and 146 passengers can be seated in the aircraft, subject to if a business class is built in or not.
Porter Airlines is a Canadian airline that was founded in February 2006 and commenced operations in October of the same year. Currently, the airline operates with a fleet of 29 De Havilland Canada DHC-8 turboprops. This new deal gives the carrier new opportunities to explore different markets.
Source © embraer.com