On July 10 the European Commission updated its list of airlines subject to an operating ban or operational restrictions within the European Union. Following safety improvements in its home nation, Philippine Airlines became the first airline from that Southeast Asian country to be removed from the so-called blacklist and allowed back into European skies (having been banned in 2010). Venezuelan airline Conviasa, banned last year, also was removed from the list.
Venezuela’s Conviasa Airlines signed a deal with Embraer in late July to buy six E190s, the first of which it plans to accept by the end of this year. The contract, worth $271.2 million based on January 2012 economic conditions, includes purchase options for another 14 of the same airplane type, potentially raising the value of the deal to $904 million.
The contract makes Conviasa Embraer’s 11th E-Jet customer in Latin America, where the Brazilian manufacturer now claims a market share of 75 percent in the airliner segment ranging up to 120 seats.