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EMBRAER S A : Congo Airways Orders Two E195-E2

01/13/2021 | 06:26am EDT

Congo Airways Orders Two E195-E2

São José dos Campos, Brazil, January 13, 2021 - Just six months after their first E2 order, Congo Airways has placed a firm order for two E195-E2jets. This is in addition to their existing two aircraft order for the smaller E190-E2.The four aircraft deal has a total value of USD 272 million at current list prices. This new firm order will be included in Embraer's 2020 fourth quarter backlog.

Desire Bantu, CEO of Congo Airways said, "We see an opportunity in our market and the crisis we are all facing for Congo Airways to emerge stronger - which is why we are not waiting to place this further order. These new jets will allow us to extend our passenger and cargo operations regionally to high demand destinations such as Cape Town, Johannesburg, and Abidjan. As we prepare for future success, we will have the flexibility, and the right sized, most efficient aircraft, to serve our customers as the market returns."

"Africa has for too long been thought of as a market of mostly low frequencies and long thin routes. As airlines start ramp up their operations, the E2 family of aircraft is perfectly positioned to right size routes previously operated by narrowbodies, while keeping frequencies and adjusting capacity to new levels," said Cesar Pereira, vice president of Europe, Middle East and Africa, Embraer Commercial Aviation. "Congo Airways will benefit from the flexibility provided by the common cockpit on the E2 jet family meaning their flight crews can transition seamlessly between variants."

The E195-E2 will be configured in a dual class 120 seat layout, 12 in business, 108 in economy. An additional 25% capacity when compared to the 96-seat configuration chosen by Congo Airways for their E190-E2s. The E2 deliveries are expected to begin in 2022 with Embraer and Congo Airways continuing to review the potential to anticipate the beginning of the deliveries. There are currently 206 Embraer aircraft operating in Africa with 56 airlines in 29 countries.

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About Embraer

A global aerospace company headquartered in Brazil, Embraer celebrates its 50th anniversary with businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

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Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.

PRESS OFFICES

Headquarters (Brazil)

North America

Europe, Middle East and Africa

China

Asia Pacific

Corporate Communications

Alyssa Ten Eyck

Guy Douglas

Mirage Zhong

Nilma Missir-Boissac

embraer@idealhks.com

aeyck@embraer.com

guy.douglas@nl.embraer.com

mirage.zhong@bjs.embraer.com

nilma.boissac@sin.embraer.com

Cell: +55 11 98890 7777

Cell: +1 954 383 0460

Cell: +31 (0)657120121

Cell: +86 185 1378 5180

Cell: +65 9012 8428

Tel.: +55 11 4873 7984

Tel.: +1 954 359 3847

Tell: +31 (0)202158109

Tel.: +86 10 6598 9988

Tel.: +65 6305 9955

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Embraer SA published this content on 13 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2021 11:25:03 UTC


© Publicnow 2021
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Capitalization 1 692 M 1 692 M -
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