Agreements

Embraer to deliver Four E175 jets to American Airlines for Envoy Air 

Embraer to deliver Four E175 jets to American Airlines for Envoy Air.
The contract value is US$230.6 million at list price, and will be included in Embraer’s 2023 Q3 backlog.

The Four newly ordered Embraer E175 jets have been ordered by American Airlines and are to be operated by Envoy Air.

American Airlines has ordered four new Embraer aircraft to be operated by its subordinate company, Envoy Air, boosting its  E-jet aircraft fleet by 150 aircraft by 2024. The costings for this of the contract will be included in Embraer’s 2023 Q3 backlogs.

Pedro Fábregas, President & CEO of Envoy said, “These new jets will allow us to continue growing with American Airlines. We’re pleased to announce these additional four aircraft, following the order announced in June, as the US domestic and regional markets recover from a very challenging few years. The E175 allows us to provide an excellent and reliable service to American Airlines and the thousands of guests we serve every day.” 

E175 started its service in North America in 2005 and has influenced the sector exponentially due to the enhanced comfort, high performance, and efficiency provided by it. Embraer’s motif of two-by-two seats, eliminating the middle seat is favored by customers.

Martyn Holmes, CCO, of Embraer Commercial Aviation said, “This new order demonstrates once more the importance of the E175 to connectivity across the United States, and is another sign that the challenges the market has been facing are improving. The E175 is the backbone of the US regional network, with over 620 aircraft sold, and 86% market share since 2013. We thank American Airlines and Envoy for their long partnership with Embraer.”

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Today, the E170/E175 fleet has acquired over 19.5 million flight hours globally, with Envoy Air which has flown more than 1.3 million hours. This deal of upgrading the aircraft fleet of Envoy Air is truly beneficial for increasing the company’s connectivity globally.