Embraer announced Tuesday at the Singapore Airshow that Azul has firmed options for 10 single-class E-195 aircraft. The order, valued at approximately $478 million at list prices, brings its E-Jet fleet to 67. It also announced an order from Minsk, Belarus-based Belavia for two dual-class E-175s, which it will finance through Air Lease Corp.
Azul will take delivery of the aircraft in 2013-2014, and follows an October 2011 order for 11 E-195s. Belavia's first E-Jet order, slated for delivery beginning in September, is part of a fleet renewal program.
“We have taken a strategic decision to phase out our old fleet and opt for a new aircraft to complement our narrowbody jets,” Belavia DG Anatoly Gusarov said. “The E-175 perfectly suits our growth strategy to test new routes where it would be uneconomical to operate larger aircraft.”
Embraer noted that its presence in Eastern Europe, the Ukraine and Central Asia is “steadily increasing,” with six airline customers in these regions: Montenegro Airlines, Air Moldova, Bulgaria Air, AeroSvit, Wind Rose Aviation and Air Astana. The Brazilian and Asian markets are also seeing growth for the aircraft manufacturer.
"The Brazilian market is growing unbelievably fast," Embraer president commercial aviation Paulo Cesar de Souza e Silva said, adding that it is also "very much committed to the Asian market ... we are growing in Asia. In 10 years we have sold more than 130 aircraft in the region."
Article Source : ATW Daily News
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