Aircastle Holding, which is a subsidiary of Aircastle Limited, signed a firm order at the International Paris Air Show for 25 E-Jet E2s, consisting of 15 E190-E2s and 10 E195-E2s with an additional 25 purchase rights for 15 E190-E2s and 10 E195-E2s, bringing the total potential order to up to 50 aircraft. The transaction will be included in Embraer’s 2015 second-quarter backlog. Aircastle’s deliveries are scheduled to begin in 2018 for the E190-E2 and 2019 for the E195-E2 at a rate of roughly seven units per year through 2021. The new order brings the E-Jets E2 backlog to 267 firm orders plus 373 options and purchase rights.
United Airlines will add additional E175 jets to the United Express fleet. The agreement signed with Embraer, consists of ten firm orders. Additionally, Embraer expects that United or one of the carriers that operates as United Express will convert options for 18 aircraft to firm orders in the near term. The ten firm orders have an estimated value of US$444m based on current list price. Delivery of the first of these aircraft is expected in 2016.
Embraer has concluded an agreement for 17 E190s with Guizhou Airlines, the first locally-owned airline in China’s Guizhou Province. The contract is for seven firm orders, which will be included in Embraer’s 2015 second-quarter backlog, and ten options and has an estimated value of US$834m at current list price if all options are exercised. The first aircraft is scheduled for delivery in 2015.
SkyWest and Embraer announced a firm order for eight E175 jets. The aircraft will be flown by SkyWest Airlines under a Capacity Purchase Agreement (CPA) with Alaska Airlines. This is the second agreement between SkyWest and Alaska Airlines involving the E175. In November of last year, the two companies signed a CPA for seven aircraft of the same model. The first airplane in Alaska Airlines livery enters service next month.
