American Airlines to Expand Embraer Fleet
Embraer has secured a firm order from American Airlines for three E175 aircraft, valued at USD 160.2 million, to be delivered in 2022. This acquisition will increase Envoy Air's E175 fleet to over 100 units, further solidifying Embraer’s presence in the US regional market, where the E175 has an impressive 86% market share since 2013. The partnership between Embraer and American Airlines dates back to 1998, showcasing the strength and longevity of their collaboration.
- Firm order for three E175 jets confirms demand for Embraer's regional aircraft.
- Contract valued at USD 160.2 million strengthens Embraer's backlog.
- Increase of Envoy Air's E175 fleet to over 100 aircraft indicates successful partnership.
- None.
SÃO JOSÉ DOS CAMPOS, Brazil, Feb. 15, 2022 /PRNewswire/ -- American Airlines has signed a firm order with Embraer for three new E175s. The aircraft will be operated by American's wholly owned subsidiary, Envoy Air. With deliveries to be completed this year, Envoy's fleet of E175s will grow to over 100 aircraft by the end of 2022. The contract value is USD 160.2 million at current list prices and will be included in Embraer's 2021 fourth quarter backlog.
"Reaching the century mark of 100 E175s with American Airlines and Envoy is truly a moment to savor. We thank American Airlines and Envoy for their sustained partnership with Embraer, which began back in 1998," said Mark Neely, Vice President Sales and Marketing for The Americas, Embraer Commercial Aviation. "It's hard to exaggerate the impact this hardworking aircraft has every day, delivering essential connectivity across the US market. The E175 is the backbone of the US regional network, with over 600 aircraft sold, and
"Our incredible journey with Embraer began almost 25 years ago with the ERJ 145. Our partnership continues to grow today with the E175s, the core of our fleet. Not only are our customers happy with the aircraft, but the jet's outstanding performance has allowed us to continue to provide excellent service to American Airlines," said Pedro Fábregas, President & CEO of Envoy. "We look forward to receiving these three new aircraft later this year as we continue to expand our growing network."
Aircraft Images:
https://embraer.imagerelay.com/ml/4f5c75f564fe45fda4f84099030b7ad1
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About Embraer
Embraer is a global aerospace company headquartered in Brazil. It manufactures aircraft for Commercial and Executive aviation, Defense & Security, and Agricultural customers. The company also provides after-sales services & support through a worldwide network of wholly-owned entities and authorized agents.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150 seats and is the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers across the Americas, Africa, Asia, and Europe.
View original content:https://www.prnewswire.com/news-releases/american-airlines-to-expand-embraer-fleet-301483154.html
SOURCE Embraer S.A.
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