Air Europa, Arkia To Fly E195s

 - December 31, 2008, 5:16 AM

Spain’s Air Europa will take delivery of six more Embraer E195s under the terms of a firm order signed between the airline’s parent company, Globalia, and the Brazilian manufacturer. Valued at $237 million based on list prices, the transaction appeared in Embraer’s third-quarter order backlog as “undisclosed,” and follows an earlier order for
six of the type, originally destined for a separate regional subsidiary. Globalia has since sold one of the airplanes from the original order to Arkia Israeli Airlines, after pressure from the Air Europa pilot group prompted Globalia to scrap its plans for the new regional, known as Universal Airlines. Plans now call for Air Europa to take delivery of the remaining 11 E195s on firm order.