Singapore Airlines’ low-cost subsidiary Scoot has signed a letter of Intent (LOI) to lease nine brand-new Embraer E190-E2 twin-engine jets from aircraft lessor Azorra.
The aircraft will come in a 112-seat configuration and will be scheduled for delivery between 2024 and 2025. The regional jet will be the first to be flown by a Singapore-based airline and is intended to improve capacity on Scoot’s short- and medium-haul routes that extend to up to five flight hours. The new jets will complement the Asian carrier’s existing fleet of Airbus A320-family and Boeing 787 jets which serve non-metro destinations from Singapore.
Scoot’s acquisition is an indication the carrier confidently sees a growth in demand for air travel in Asia. Currently Scoot’s fleet of 50 aircraft serve 71 destinations across 15 countries and territories in the Asia-Pacific region, the Middle East and Europe.
Azorra is a relationship-driven commercial aircraft lessor, providing lease, financing and asset management solutions with a focus on regional, crossover and small narrow-body aircraft.
