Venezuelan carrier Conviasa has placed a firm order for six Embraer 190 jets with the Brazilian manufacturer and taken options on an additional 14 aircraft in a $904 million deal at list prices which will support its international growth aspirations. The aircraft will start to be delivered by the end of the current calendar year and will be configure in a single-class, 104-seat layout.
Conviasa is currently the fourth largest domestic and fifth largest international carrier in Venezuela by seat capacity and serves 14 local and nine international destinations. It is expected to use the new regional jet equipment to support growth into markets such as Mexico, USA and other countries across Latin America and the Caribbean. The airline currently has a 10.6 per cent share of the total seat capacity within Venezuela and a 4.3 per cent share of total international capacity.
“We consider the E190 jet to be a fundamental part of the process of renovating Conviasa’s fleet,” said César Martínez Ruiz, President, Conviasa. “These airplanes will allow us to increase connections on both domestic and international routes.”
According to Embraer, this deal strengthens its position as the market leader in Latin America and the Caribbean, where it says it holds 75 per cent of the commercial-aviation market for jets up to 120 seats, compared to a worldwide average of 43 per cent.
“It is a great satisfaction to receive this order from Conviasa, the eleventh customer of the E-Jets family in Latin American and the Caribbean region, a market projected to grow an average of 7 per cent per year over the next 20 years,” said Paulo Cesar Silva, President of Embraer’s Commercial Aviation unit. “We are certain that the E190 will play an important role in increasing the quality and efficiency of air travel in Venezuela.”