Embraer and lessor Azorra signed an agreement to purchase 20 E2 family aircraft with an option for 30 more planes, the Brazilian manufacturer said.
The flexible agreement allows Azorra to choose between E190-E2 or E195-E2 aircraft, which will be delivered from 2023 – the end customers of the planes were not revealed.
The disclosure of the contract comes two weeks after Azorra announced an agreement with Airbus to acquire 20 A220-300s and two ACJ TwoTwenty, the corporate version of the E2 rival.
“Our team has a long and productive history with Embraer. At Jetscape, we were the first independent lessor to commit to Embraer’s E-Jet program in December 2007, which saw E-Jets establish a global customer base of more than 80 operators. Azorra’s first new aircraft was a Phenom 300 acquired from Embraer in December 2016,” said John Evans, Azorra’s CEO.
“We thank Azorra again for their selection of the E2, after recently completing a sale leaseback transaction with Porter Airlines for five new E195-E2 aircraft,” said Arjan Meijer, CEO of Embraer Commercial Aviation.
Azorra is a leasing company with a different focus from other competitors. The lessor specializes in smaller commercial aircraft, in addition to business jets and ‘crossover’, as it calls models that offer “new technology that improves range and capacity without compromising service in small airports”.
Last year, Azorra signed a letter of intent with Eve, Embraer’s air mobility startup, to acquire 200 eVTOL aircraft. With the new contract, the backlog of the E2 family is expected to increase to 225 aircraft.