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Embraer, Azorra and Royal Jordanian Ink Deal for Eight New E2 Jets

Embraer and aircraft lessor Azorra have announced a new aircraft deal with Royal Jordanian for eight E2 jets. The combined order includes four E190-E2s and four E195 E2s.

Rendering of Royal Jordanian Embraer E190-E2 and E195-E2 Fying in Formation - Courtesy Embraer

On Thursday (May 18, 2023), Embraer announced that aviation lessor Azorra and Royal Jordanian have inked a deal for eight new E2 jets, including Four E190-E2s and Four E195-E2s. Azorra will acquire Four E190-E2s and two E195-E2s, while Royal Jordanian has placed a direct firm order for two E195-E2s. Aircraft deliveries to Royal Jordanian, the national flag carrier of Jordan, will start during Q4 2024. The deal is valued at $635 million at list prices, and the Royal Jordanian order was listed in Embraer’s Q4 2022 backlog as ‘undisclosed.’

In Thursday’s announcement, Royal Jordanian’s Vice Chairman and CEO, Samer Majali, said,

“Following extensive feasibility studies, RJ selected Embraer’s E2 as the best fit for its financial objectives and network strategy. RJ has been operating Embraer aircraft for 15 years, and the E2 reduces the investment cost of pilot training and spare parts provisioning significantly, whilst also lowering crew scheduling and maintenance costs. The aircraft also provides 25% fuel savings compared to current aircraft, resulting in operating cost savings as well as significant carbon emissions reductions supporting the airline’s environmental strategy and targets. We are also pleased to, once again, work with the Azorra team. We appreciate their confidence in RJ and the E2.”

Also commenting on the new E2 order, Azorra’s Chief Executive Officer, John Evans, said,

“We are delighted to welcome Royal Jordanian as Azorra’s newest E2 customer, continuing our team’s longstanding relationship with the airline that began with a single Embraer E175 well over a decade ago. Royal Jordanian’s selection of the E2 underscores our belief that it is a natural next step for existing E1 operators, providing next generation economic and

environmental efficiencies, while maintaining the familiarity and dependability offered by Embraer.”

Embraer Commercial Aviation’s CEO, Arjan Meijer, added,

“We are honored to be selected by Royal Jordanian Airlines to provide the next generation of regional aircraft, a central part of the airline’s major fleet modernization plan. The E2 family of advanced-generation jets offer the quietest, lowest polluting, and most fuel-efficient aircraft in the under 150-seat market. We are proud to continue our long association with Royal Jordanian, and welcome Azorra, who are extremely active in our market, to yet another Embraer deal.”

Royal Jordanian’s Embraer E195-E2s will be configured for 120 passengers with 12 Crown Class and 108 Economy Class seats, while the E190-E2s will be configured for 92 with 12 Crown Class and 80 Economy Class seats. Royal Jordanian's Business Class seats feature a generous 53-inches of legroom, and the cabin offers extra-large overhead bins, mood lighting, leather seats, wireless connectivity and full internet access.

Founded in 1963, Royal Jordan Airlines is the national carrier of the Hashemite Kingdom of Jordan. The carrier operates a modern fleet of aircraft connecting Jordan and the Levant via Amman to global destinations across Europe, the U.S., Canada, North Africa and the Far East. Royal Jordanian is a member of the global oneworld alliance, and along with their 13 international airline partners, offers a combined network with service to over 1,000 airports in 170 countries.

Fort Lauderdale, Florida-based Azorra is a relationship driven aircraft lessor that provides leasing, financing, fleet transition and asset management solutions to investors, financiers and airline operators worldwide. Azorra currently owns and manages a fleet of 77 aircraft on lease to 24 operators in 19 countries on five continents. The company also has commitments to acquire new Airbus A220s and Embraer E2 jets. The company also has offices in Dublin, Ireland and Toulouse, France.

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.

Source: Embraer


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