American Airlines Signs Firm Order for Three New Embraer E175s
American Airlines has signed a firm order for three new Embraer E175s which will be operated by the carrier’s wholly-owned subsidiary Envoy Air. The aircraft are expected to be delivered by the end of this year, expanding Envoy’s fleet of E175s to over 100 aircraft.
On Tuesday (February 15, 2021), Embraer announced that American Airlines has signed a firm order for three new Embraer E175s. The new aircraft will be operated by American’s wholly-owned regional subsidiary, Envoy Air and are expected to be delivered by the end of 2022. With the new aircraft, Envoy’s fleet of E175s will grow to over 100 aircraft. The contract is valued at $160.2 million at current list prices and will be included in Embraer’s fourth quarter 2021 backlog.
In Tuesday’s announcement, Embraer Commercial Aviation’s Vice President of Sales and Marketing for the Americas, Mark Neely, said,
“Reaching the century mark of 100 E175s with American Airlines and Envoy is truly a moment to savor. We thank American Airlines and Envoy for their sustained partnership with Embraer, which began back in 1998. It’s hard to exaggerate the impact this hardworking aircraft has every day, delivering essential connectivity across the US market. The E175 is the backbone of the US regional network, with over 600 aircraft sold, and 86% market share since 2013.”
Also commenting on the E175 order, Envoy Air’s President and CEO, Pedro Fábregas, said,
“Our incredible journey with Embraer began almost 25 years ago with the ERJ 145. Our partnership continues to grow today with the E175s, the core of our fleet. Not only are our customers happy with the aircraft, but the jet’s outstanding performance has allowed us to continue to provide excellent service to American Airlines. We look forward to receiving these three new aircraft later this year as we continue to expand our growing network.”
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.