Alaska Air Group has today ordered eight new Embraer E175s, plus options for 13 more. The aircraft will fly exclusively for Alaska Airlines under a Capacity Purchase Agreement with Horizon Air. The value of the contract, including options is $1.12 billion at list prices.
On Tuesday (July 19, 2022), from the Farnborough International Airshow, Embraer announced that Alaska Air Group has ordered eight new E175s, plus 13 options, in a deal valued at $1.12 billion at list prices. The jets will fly exclusively for Alaska Airlines under a Capacity Purchase Agreement (CPA) with Horizon Air. The new aircraft will be delivered in Alaska Airlines’ livery in a three-class configuration over the next four years starting in the second quarter or 2023.
In Today’s announcment, Embraer Commercial Aviation’s Vice President Americas, Mark Neely, said,
“The E175 is the backbone of the US regional network, feeding airport hubs across the country as well as producing the connectivity all communities need to thrive, both economically and socially. While this market is currently under pressure, it is essential that carriers are able to provide these essential services to the entire United States. The Embraer E175, with 85% market share in its segment, is keeping the US on the move and in touch.”
Alaska Airlines’ Senior Vice President of Fleet, Finance and Alliances, Nat Pieper, added,
“The E175 is an extremely efficient aircraft. The jet is the perfect aircraft to serve Horizon’s regional network in the Pacific Northwest and beyond. Our guests will enjoy a consistent, three-class cabin experience as they travel from smaller communities to catch flights across Alaska’s larger hubs or on one of our many global airline partners.”
Horizon Air’s 76-seat E175s will feature 12 First Class seats, 12 in Premium Class and 52 Main Cabin seats, as well as free onboard entertainment with over 1,000 movies and TV shows. Additionally, First Class guests will enjoy 110-volt power at every seat. Horizon is moving to a single fleet of all Embraer E175s and will take delivery of nine of the type over the next year as part of a previous order. In total, by 2026, the carrier will have a fleet of 50 E175s. Horizon Air serves over 45 cities throughout the Pacific Northwest, California and the Midwest from bases in Washington, Oregon, Idaho and Alaska.
Headquartered in Brazil, Embraer is a global aerospace company and the leading manufacturer of aircraft with 70-150 seats, with more than 100 customers worldwide. The company maintains industrial units, offices and service/parts distribution centers across the Americas, Africa, Asia and Europe. Embraer has logged over 1,900 orders for their E-Jets and the company has already delivered over 1,600 of the jets to 80 customers in 50 countries. Since the company’s founding in 1969, Embraer has delivered over 8,000 aircraft. Today, an Embraer aircraft takes off on average every ten seconds, carrying over 145 million passengers annually.
Source: Embraer