A firm order for three 100-seat Embraer E190s from Finnair capped a brisk run of sales activity in the second half of February for the Brazilian airframe builder. The deal raises to 23 the number of E-Jets ordered by the Finnish flag carrier, which took delivery of its seventh E190 last month. It also flies ten 72-seat Embraer E170s.
Embraer’s 37-seat ERJ-135 regional jet last month won JAA approval to fly the steep approach into London City Airport. The certification marks Embraer’s first successful bid to approve an airplane for operation into the downtown airfield, where noise restrictions limit access to aircraft and pilots capable of demonstrating safe execution of its 5.5-degree glideslope.
Brazil’s Embraer announced an order here yesterday from U.S. aircraft leasing company Jetscape for 10 E190 jets, along with options for another 10 aircraft and “purchase rights” for 10 more.
The value of the transaction totals $375 million at list prices, and could reach $1.125 billion if all options and purchase rights are exercised. Deliveries are scheduled to start in 2009.
Last year Embraer delivered 121 regional jets and 10 Legacy business jets (including two for military service). These figures were slightly lower than projected, the Brazilian manufacturer reported, because of the postponement of the deliveries of three business jets and delayed delivery of two regional jets. Despite the slow economy, Embraer forecasts it will deliver 148 aircraft this year and 155 next year.
Brazil’s Embraer last month signed a long-anticipated agreement to build a production unit in China through a joint venture with AVIC II subsidiaries Harbin Aircraft and Hafei Aviation. The contract creates a new company called Harbin Embraer Aircraft Industry Co., of which Embraer will maintain 51-percent ownership.
A new report released by Forecast International says that Embraer will collect 40.8 percent of the projected $99.7 billion in sales of regional aircraft over the next 10 years, despite the lack of a turboprop in its existing product line. The Newtown, Conn.-based aerospace market research firm also predicts that Bombardier will take a 33.2-percent share over the next decade, while ATR secures 7 percent.
ExpressJet became the first airline to join the new Embraer Collective Inventory Planning (ECIP) program, in an effort to better manage its spare parts inventory for its fleet of 240 regional jets.
Supported by its AeroChain Web portal, ECIP monitors parts usage and guarantees automatic stock replenishment. Embraer’s U.S. support subsidiary, EACS, manages the program.
A new report released by Forecast International says that Embraer will collect 40.8 percent of the projected $99.7 billion in sales of regional aircraft over the next 10 years, despite the lack of a turboprop in its existing product line. The Newtown, Conn.-based aerospace market research firm also predicts that Bombardier will take a 33.2-percent share over the next decade, while turboprop manufacturer ATR secures 7 percent.
Embraer recently named the Jet Aviation maintenance facilities in Bedford/Boston, Dallas and Teterboro, N.J., authorized service centers for the Legacy. Jet Aviation’s global maintenance network now includes a total of six Embraer Legacy service centers, with additional locations in Palm Beach, Fla; Dusseldorf, Germany; and London Biggin Hill, UK.
Swiss International Air Lines last month announced another restructuring program that will shrink its regional fleet by at least 13 aircraft and its staffing by 800 to 1,000 positions over the next 18 months.
To ensure a supply of feeder traffic into its Zurich hub, Swiss plans to extend its code-share agreements with regional airlines, as it has done with Cirrus Airlines on its Lugano-Zurich link.