Brazilian carrier Azul announced on Tuesday that it will withdraw 12 E195-E1 jets from its fleet of passenger planes by the end of 2023.
The aircraft will have different destinations: five of them were sold to the lessor Azorra Aviation, four jets are at the end of the lease agreement and another three planes will be transformed into F-class freighters, a light conversion.
Eight E195s are expected to leave the airline’s passenger network in 2022 and the rest during the next year. As a result, the active fleet of Embraer’s aircraft will drop from 45 to 33 jets. According to Azul, the reduction since 2019 involves 22 planes.
“This announcement demonstrates our ability to accelerate the phase-out of previous-generation Embraer E1s. The exit of the E1s gives us the opportunity to advance the delivery of next-generation E2, further expanding our margins given the E2’s 26% lower seat cost compared to the E1,” said Alex Malfitani, Azul’s CFO.
Azul has an order for 51 new-generation E195-E2s, but so far has not received any of them. For now, the airline operates nine of these planes, with 136 seats, but under lease.
Embraer is finalizing several new E195-E2s for delivery, but there is no forecast on deliveries at this time. The last time Azul received a jet of the model was in December 2020.