American Airlines Signs Firm Order for Four New Embraer E175s
American Airlines has ordered four new Embraer E175s for their wholly owned subsidiary Envoy Air. With all deliveries scheduled in Q4 2024, Envoy’s all E-Jet fleet will grow to over 150 aircraft.
On Thursday (October 19, 2023), Embraer announced that American Airlines has placed a firm order for four new E175s for their wholly owned subsidiary Envoy Air. The deal is valued at $230.6 million at list prices and will be included in Embraer’s Q3 2023 backlog. With deliveries of the new jets expected in Q4 2024, Envoy’s all E-Jet fleet will grow to over 150 aircraft. The E175 entered North American service in 2005, offering high performance, comfort and efficiency, along with Embraer’s trademark two-by-two seating, a customer favorite.
In Thursday’s announcement, Envoy Air’s President & CEO, Pedro Fábregas, said,
“These new jets will allow us to continue growing with American Airlines. We’re pleased to announce these additional four aircraft, following the order announced in June, as the US domestic and regional markets recover from a very challenging few years. The E175 allows us to provide an excellent and reliable service to American Airlines and the thousands of guests we serve everyday.”
Also commenting on the incremental E175 order, Embraer Commercial Aviation’s Chief Commercial Officer, Martyn Holmes, added,
“This new order demonstrates once more the importance of the E175 to connectivity across the United States, and is another sign that the challenges the market has been facing are improving. The E175 is the backbone of the US regional network, with over 620 aircraft sold, and 86% market share since 2013. We thank American Airlines and Envoy for their long partnership with Embraer.”
To date, the global Embraer E170/175 fleet has accumulated over 19.5 million flight hours, with Envoy Air having flown 1.3 million of these hours.
A wholly owned subsidiary of American Airlines, Envoy Air currently operates a fleet of over 130 Embraer aircraft on 700 daily flights across more than 160 destinations in the U.S., Canada, Mexico, the Bahamas and the Caribbean. Headquartered in Irving, Texas, Envoy operates hubs in Dallas-Fort Worth, Chicago and Miami, and also large ground handling operations in Los Angeles.
Headquartered in Brazil, Embraer is a global aerospace company and one of the leading manufacturers 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 also has businesses in Executive Aviation, Defense & Security, and Agricultural Aviation. 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.