Singapore-based aircraft lessor BOC Aviation will purchase 15 Embraer E190 aircraft with deliveries scheduled to start in the fourth quarter of 2012 and run through 2014.
"We see excellent potential for the E190 not only here in Asia where there is strong growth, but also with airlines around the world that have discovered the importance of 100-seat aircraft capacity, both in developing new markets and complementing narrow-body operations with relevant economic gains," said Robert Marin, BOC Aviation director and CEO.
The deal marks BOC's first purchase of Embraer aircraft. The company operates 179 Airbus and Boeing aircraft, and has 73 on firm order.
"The E190 will allow us to expand the range of BOC Aviation products to customers in established and emerging markets," added Martin.