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Azul finalises order for 21 E195-E2s

Azul has firmed up an order for 21 Embraer E195-E2s, previously announced at the Farnborough air show in July.

The deal is valued at $1.4 billion at list prices. Embraer says the order will be included in its fourth quarter backlog.

Azul is the launch operator of the E195-E2 and will take delivery of its first in 2019. Including the 21 aircraft that were firmed up, the airline has orders for 51 E195-E2s with Embraer. The Brazilian carrier placed an order for 30 E195-E2s in 2015.

In addition, Azul had committed to another six E195-E2s ordered by lessors, split evenly between AerCap and Aircastle, Flight Fleets Analyzer shows.

Azul is in the process of renewing its fleet, by replacing Embraer E-Jet E1s with larger gauge Airbus A320neos ahead of the arrival of the E195-E2s. The airline previously said it wants to be out of the E-Jet E1s by end-2021, but in September said it hopes to beat this deadline.

Azul operates nine E190s and 54 E195s, Fleets Analyzer shows.

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