Azul Linhas Aéreas Brasileiras S.A. and Embraer have signed a contract for a firm order for a previously announced 21 E195-E2 jets. This agreement was revealed as a Letter of Intent (LoI) at the Farnborough Airshow, in July. This contract has a value of US$ 1.4 billion, based on current list prices, and will be included in Embraer’s 2018 fourth-quarter backlog.
This contract is in addition to the 30 E195-E2 jets ordered by the airline in 2015, raising Azul’s total order to 51 Embraer E2 aircraft. Azul is the launch operator of the E195-E2 and will receive the first aircraft in 2019.
