The deal is the latest of three significant aircraft acquisitions by Florida-based lessor Azorra, which specializes in executive, regional, crossover and small narrowbody aircraft.
In July Porter revealed plans for a major network expansion starting in 2022 after confirming an order for 30 E195-E2s and purchase rights for 50 more.
Embraer expects to deliver 90-95 business jets and 45-50 commercial aircraft in 2021, up from 86 and 44, respectively in 2020 as the market recovers to pre-pandemic levels and growth continues, the company reported.
Porter Airlines will use Embraer’s aftermarket services to maintain its E195-E2 fleet, providing the airline with separate long-term support agreements for major airframe and engine maintenance needs.
Dutch carrier KLM plans to equip 39 short-haul aircraft with Viasat Wi-Fi connectivity, while Norwegian regional airline Widerøe is beginning a six-month trial
Swiss regional carrier Helvetic Airways believes several airlines will utilize its fleet of Embraer E190/195-E2s for wet-lease capacity, especially when environmental requirements are attached to the financial support airlines receive from European governments.
Air Astana has repositioned the business-class cabins in its fleet of Embraer 190-E2 regional jets as premium-economy sections, in response to feedback from pas
Swiss regional carrier Helvetic Airways believes its wet-lease business will increase as airlines come to renew their regional fleets but find themselves short
Swiss regional carrier Helvetic Airways has signed a commitment with Embraer to convert four of its remaining firm E190-E2 orders to the larger E195-E2 variant.
Brazil’s Azul has inked agreements to sublease up to 53 of its Embraer E195 jets to LOT Polish Airlines and U.S. airline startup Breeze Aviation Group.