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Embraer receives new orders from Porter Airlines and Alaska Airlines

Porter Airlines has placed a firm order for 20 Embraer E195-E2 passenger jets ©Embraer

Porter Airlines has placed a firm order for 20 Embraer E195-E2 passenger jets, adding to its existing 30 firm orders. Porter will use the E195-E2 to extend its service to destinations throughout North America. The deal, with a list price value of US$1.56 billion, brings Porter’s orders with Embraer to a total of up to 100 E195-E2 aircraft, with 50 firm commitments and 50 purchase rights. In 2021, Porter ordered 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft, worth US$5.82 billion at list price, with all options exercised.

Furthermore, Alaska Airlines Group announced plans to grow its regional fleet with an order of eight new additional E175 jets and options for 13 more. The E175 aircraft will fly exclusively for Alaska Airlines under a capacity purchase agreement (CPA) with Horizon Air. The value of the contract, including options, is USD $1.12 billion based on list price. Horizon’s new 76-seat aircraft from this order will be delivered in Alaska’s livery and three-class configuration over the next four years starting in Q2 2023. (£1.00 = US$1.20 at time of publication).

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