The firm order is expected to be completed by November 1, according to CFO John Rodgerson. The purchase, which has an estimated value of $3.1 billion at list prices lifts Embraer’s order book for its new E2 family to 280 orders and 270 options/purchase rights.  

The E195-E2 is slated to enter service in 2019 and Azul aims to take 8-10 aircraft per year from the end of 2019. The aircraft will be fitted with 132 seats and will partially replace some of its existing E195s when they come off lease and support incremental growth, Rodgerson told ShowNews.

Currently, the Brazilian airline has a total of 82 E-Jets in service and another 11 on order. It operates the largest fleet of E195s in the world.

“We couldn’t be more excited about the E2 jet. The E-Jet is the backbone of our operations and we have proven that an LCC can be successful, and we are convinced that the E2 will improve the efficiency of our operations and increase our financial margins,” Rodgerson said. The E195-E2 should decrease Azul’s seat mile cost per seat by about 15% compared to the current-generation E195s, he said.

Embraer also revealed orders for its current E-Jet family of aircraft, from Japan’s Fuji Dream Airlines (FDA), Royal Air Maroc and Azerbaijan Airlines (AZAL), the national carrier of Azerbaijan. AZAL signed a firm order for two additional E190 jets, which it will deploy in a dual-class layout on its international network from Baku’s Heydar Aliyev International Airport. This order was already included in Embraer’s 2014 second quarter backlog as an “undisclosed” customer.

FDA’s firm order of three E175s with options for an additional three aircraft of the same model was also already included in Embraer’s 2014 second quarter backlog as an “undisclosed” customer.

Royal Air Maroc is a new customer of the E-Jet series. The national carrier of Morocco will introduce the E190 as part of a fleet upgrade to open new routes and increase the frequency of short- and medium-haul service from its Casablanca International Airport hub in Morocco. The airline has signed a lease agreement for four E-Jets with Aldus Aviation, the Irish specialist E-Jet lessor. The first E190 is expected to be delivered during the second half of this year. Royal Air Maroc’s E190s will be configured with 96 seats – 12 business class seats and 84 economy class seats.

John Slattery, chief commercial officer of Embraer Commercial Aviation, described the addition of Royal Air Maroc as a new customer as instrumental to achieving the manufacturer’s goal of widening its portfolio to 100 operators by the time Embraer introduces its first E2.