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Embraer Reveals Orders for 5 E-Jets from AZAL and Fuji Dream Airlines

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Embraer Reveals Orders for 5 E-Jets from AZAL and Fuji Dream Airlines

Embraer Reveals Orders for 5 E-Jets from AZAL and Fuji Dream Airlines
July 15
09:12 2014

LONDON — Embraer revealed orders for five current generation E-Jets Tuesday at the Farnborough Air Show that had been previously included in Embraer’s second quarter backlog as undisclosed (UFO) orders. Embraer revealed an order for two E190s from Azerbaijan Airlines (AZAL) and three E175s from Fuji Dream Airlines.

At current list prices, the AZAL order is worth $95.4 million, and is a top up order that builds on the carrier’s fleet of four E190 jets (with one pre-existing order). These aircraft are used on short and medium length routes from AZAL’s hub at Baku’s Heydar Aliyev International Airport.

Fuji Dream Airlines also secured three purchase options for the E175 when placing a firm order worth $129.3 million at current list prices. The Japanese carrier based at Shizuoka Airport is an exclusive E-Jet operator with three 76-seat E170s and five 84-seat E175s currently in its fleet. The airline also has outstanding orders for three E170s and two E175s independent of the three E175s revealed today.

For Embraer, further orders for the current generation of E-Jets will help the airframer bridge the more than year-long production gap between the current generation of E-Jets and the re-engined E-Jet E2 series, which will achieve entry into service (EIS) in the first half of 2018. This production gap was recently exacerbated when American carrier JetBlue deferred delivery of its 21 outstanding E190 orders late last year, in a potential precursor of cancellation.

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