Dubai, UAE, November 17, 2019 – Embraer and Cairo-based CIAF Leasing have signed a firm order for three E190 aircraft. The deal has a value of USD 161.4 million at current list prices and will be added to Embraer’s fourth quarter backlog.
The three new aircraft will join CIAF’s existing fleet of three E170s, two of which are on lease with Jasmin Airways, the other with Air Cairo. CIAF are also due to receive two E195s in mid-November.
Dr. Hassan Mohamed, Chairman and CEO of CIAF Leasing said, “The three new E190s will be an excellent addition to our growing fleet of Embraer E-Jets. With a fleet of E170s, E190s, and E195s, CIAF will have the flexibility to offer to both our wet and dry lease customers a service that fits their needs exactly.”
Raul Villaron, Vice President Sales, Africa and Middle East, Embraer Commercial Aviation said, “CIAF is rapidly increasing its footprint in both wet and dry leasing with the addition of further aircraft to their fleet and the establishment of their own AOC (Air Operator Certificate) in June this year. It’s a pleasure to work with an organisation that’s going from strength to strength by exploiting the benefits a family of aircraft can provide.”
All three aircraft will be delivered in the fourth quarter of 2020, in a new livery showing off CIAF’s new visual identity.
Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers across the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered. Today, E-Jets are flying in the fleets of 80 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline network carriers.
Dubai, UAE, November 17th, 2019 – Embraer announced today, at the Dubai Air Show, that Air Peace, Nigeria and West Africa’s largest airline, has signed a contract for three additional E195-E2s, confirming purchase rights from the original contract, signed in April this year. These new E195-E2s will be included in Embraer’s 2019 fourth-quarter backlog and have a value of USD 212.6 million, based on Embraer’s current list prices.
Set to be the first E-Jets E2 operator in Africa, Air Peace’s firm order, announced in April this year, is now for 13 E195-E2s with 17 purchase rights for the same model. The first delivery is scheduled for the second quarter of 2020.
“The E195-E2 is the perfect aircraft to expand our operations in Africa and this new order is a further confirmation of our ‘no-city-left-behind initiative which we shall continue to execute”, said Air Peace Chairman/CEO, Mr. Allen Onyema. He added, “We are receiving impressive data about the aircraft’s economics now that is in revenue service, and this was a driver to place this new firm order with Embraer. We look forward to receiving our first aircraft, which will enhance connectivity in Nigeria and the African region, while feeding long-haul flights from our Lagos hub.”
“Air Peace will love the aircraft’s efficiency and the passenger will experience an unparalleled level of comfort, especially in first class – Air Peace is the launch customer for Embraer’s new premium staggered seating option”, said Raul Villaron, Vice President Sales, Africa and Middle East, Embraer Commercial Aviation. “We look forward to supporting Air Peace’s growing E2s fleet and to deepening our fruitful partnership.”
Air Peace subsidiary, Air Peace Hopper, started operating six ERJ145 jets last year on short thin routes. That experience with Embraer’s products and services, including the pool programme, and the undeniable economic benefits of right-sizing aircraft for the mission, was a key factor in selecting the E2.
Air Peace’s E195-E2s will be configured in a comfortable dual class arrangement with 124 seats. Air Peace operates more than 20 local, regional, and international routes and has strategic plans to expand those routes.
Embraer is the world’s leading manufacturer of commercial jets up to 150 seats. The Company has 100 customers from all over the world operating the ERJ and E-Jet families of aircraft. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 deliveries, redefining the traditional concept of regional aircraft.
Supply chain deals include Landing Gear Exchange and Quick Engine Change kit solutions
Companies also establish agreement to add regional MRO provider to Boeing’s growing global network
DUBAI, United Arab Emirates, Nov. 17, 2019 — Boeing [NYSE:BA] and EGYPTAIR MAINTENANCE & ENGINEERING (EGME) today announced agreements that will approve the Cairo-based MRO as Boeing’s first maintenance supplier in Africa and the Middle East region. The agreement enables EGME to provide aircraft, engines and component maintenance services and solutions to Boeing customers.
EGME will also receive landing gear exchange and overhaul support through the Boeing Landing Gear Exchange Program. The program provides flexible exchange solutions that allow customers to quickly repair and replace serviceable landing gear in hours.
Boeing will also supply parts for a Quick Engine Change kit. The kit includes hardware and components used to efficiently build up a spare engine to service-ready condition, lowering the maintenance time required to replace an engine and return aircraft to service.
“EGYPTAIR is optimizing operations for our growing fleet, which includes a sixth 787-9 Dreamliner aircraft, to always deliver a better experience for our customers,” said Ahmed Adel, chairman and CEO of EGYPTAIR Holding Company. “We are able to leverage the strength of a global supply chain network and increase efficiency by continuing to partner with Boeing.”
EGYPTAIR’s maintenance, repair and overhaul (MRO) subsidiary, EGYPTAIR Maintenance & Engineering (EGME), also signed a supplier agreement that will allow EGME to support Boeing’s customers with parts provisioning, engineering support and line maintenance.
“EGYPTAIR Maintenance & Engineering brings strong technical expertise with locations across the Middle East and Africa that enable us to better serve our customers in the region,” said Ted Colbert, president and CEO of Boeing Global Services. “Our customers rely on us to keep their airplanes in revenue service. With our global supplier network, which now includes EGME, we help make sure that our customers and their passengers fly Boeing airplanes with confidence every single day.”
“It’s another milestone in EGME’s strategy of growth in the global market as a leading MRO in Africa and the Middle East region,” said Mostafa Ali El-Din, chairman and CEO of EGME. “We are pleased to be part of Boeing’s global network, which reflects a great trust in our capabilities and personnel experience. EGME will utilize its wide-scope capabilities to provide the best technical services to customers who aspire for well-maintained fleet in service.”
In Boeing’s Services Market Outlook, the company forecasts rapid growth in the Middle East region’s commercial and government aviation services market, doubling the growth rate in North America.
Dreamliner family pivotal to airline’s strategy of operating a modern fleet
Biman pilots begin using Jeppesen Flite Deck Pro X to access mobile charts, navigational information to increase situational awareness
DUBAI, United Arab Emirates, Nov. 17, 2019 /PRNewswire/ — Boeing [NYSE: BA] and Biman Bangladesh Airlines (Biman) announced today at the 2019 Dubai Airshow that the carrier is expanding its 787 Dreamliner fleet with two additional airplanes valued at $585 million at list prices.
The purchase – recorded in October as an unidentified order on Boeing’s website – complements Biman’s fleet of 787-8 jets with the larger and longer-range 787-9 variant. The national flag carrier of Bangladesh says the addition of the 787-9 will help modernize its fleet and expand its international network.
“One of our key priorities is to have a modern fleet with technologically-advanced airplanes that will enable us to expand our international reach,” said Air Marshal Muhammad Enamul Bari, Former Chief of Air Staff, Chairman Board of Directors, Biman Bangladesh Airlines. “While we have a good domestic network, we plan to extend our international network to include more destinations in Europe, Asia and the Middle East. The 787 with its technological superiority, excellent operational performance and passenger experience will enable us to achieve that goal,” he added.
The 787-9 is part of a three-member family that offers long range and unmatched fuel efficiency in the 200 to 350 seat market. For Biman Bangladesh, the 787-9 can carry 298 passengers in a standard three-class configuration and fly up to 7,530 nautical miles (13,950 kms) while reducing fuel use and emissions by up to 25 percent compared to older airplanes.
“Biman Bangladesh is showing us the powerful potential of the Dreamliner family. Just last month, the airline launched a new non-stop flight from its hub in Dhaka to Medina, Saudi Arabia. It’s a great example of the 787-8 serving as a ‘market opener.’ And now, Biman adds the 787-9 which brings more seats, more range and more cargo-carry capability for the routes that need it. The two will form a profitable network solution for Biman,” said Stan Deal, president and chief executive officer, Boeing Commercial Airplanes.
Boeing also provides services that help Biman operate more efficiently. As part of a multiyear agreement, the airline’s pilots this year began using the Jeppesen Flite Deck Pro X electronic flight bag (EFB) platform to access mobile charts and navigational information, increasing their situational awareness on the ground and in the air.
Since entering service in 2011, the 787 family has enabled the opening of more than 250 new point-to-point routes and saved more than 45 billion pounds of fuel. Designed with the passenger in mind, the 787 family delivers an unparalleled experience with the largest windows of any commercial jet, large overhead bins with room for everyone’s bag, comfortable cabin air that is cleaner and more humid and includes soothing LED lighting.
FILE PHOTO: Emirates Airline Boeing 777 planes at are seen Dubai International Airport in Dubai
DUBAI (Reuters) – An eight-month crisis over the grounding of Boeing’s 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week’s Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.
The biennial civil and military expo is a major showcase for wares from jumbo jets to military drones but faces growing questions over demand and the capability of overstretched suppliers, delegates arriving for the Nov. 17-21 event said.
Top of their agenda will be the worldwide grounding of the 737 MAX in the wake of two deadly crashes.
Investors who have pushed up Boeing <BA> shares believe the planemaker is turning a corner after the eight month grounding, with the company predicting commercial flights in January. But it also faces a logjam of undelivered jets that could take 1-2 years to unwind.
State-owned flydubai expects its fleet will now shrink by a third this year, highlighting the cost of the grounding for the biggest MAX customer outside the United States. “Flydubai has very big ambitions … given the scale of those ambitions, there’s little they can do but wait and watch, like everyone else,” said Teal Group analyst Richard Aboulafia.
Boeing lost one potential MAX customer earlier this year as Saudi budget airline flyadeal ditched a provisional order.
Experts say airline frustrations with plane and engine makers could also disrupt plans by the world’s largest jetmakers pushing for order endorsements. The Middle East’s largest aerospace event will give Airbus <EADSY> and Boeing a chance to sit with some of their top customers who have threatened to walk from billions in deals.
The planemakers are struggling to deliver aircraft on time, forcing airlines to delay expansion plans, while engines on some jets are consistently causing issues for carriers.
“This seems to be a systemic issue across the board,” said Novus Aviation Capital Managing Director Mounir Kuzbari.
“As a result, we see stress on the relationship between airlines and the plane and engine makers.” Dubai’s Emirates, by far the region’s biggest airline, has issued a stern warning to plane and engine makers. It will no longer take delivery of aircraft that do not meet performance expectations, raising doubts over $35 billion in pending orders.
Airbus, Boeing and engine makers will be looking to allay concerns as they finalise jet sales with Emirates, which is also looking at reducing an order for the delayed Boeing 777X.
Airbus is seen close to a final order for A330neo and A350 jets while Boeing aims to salvage a provisional order for 787s.
GULF PRESSURE
Air Arabia could, however, steal the show with a planned order of up to 120 Airbus jets, industry sources say.
Kuwait’s Jazeera Airways is in negotiations with Airbus and Boeing for around two dozen airplanes.
Past editions of Dubai’s premier trade event have featured blockbuster deals, often led by Emirates as Gulf carriers redrew the aviation map around their ‘super-connector’ hubs.
But the Gulf hub model is increasingly under pressure as the once-rapid growth of the region’s biggest airlines slows.
“The market continues to be weak for all airlines in the region; we should see a further 2-3% reduction in passenger numbers for the full year,” said Diogenis Papiomytis, Frost & Sullivan’s Global Program Director for Commercial Aviation.
Middle East military leaders touring the displays will try to gauge whether they are on the cusp of another regional splurge on weapons after an escalation in Gulf tensions.
A series of attacks over the summer has highlighted potential security gaps among some of the world’s top defence spenders who now increasingly buy from China and Russia.
(Reporting by Alexander Cornwell, Tim Hepher, Ankit Ajmera, Stanley Carvalho; Editing by Mark Potter)
AMSTERDAM, Netherlands, Nov. 12, 2019 /PRNewswire/ — Embraer and KLM Cityhopper have signed a firm order for 21 E195-E2 aircraft, plus 14 purchase rights. The 21 firm positions will be acquired via operating lease from Embraer lessor partners Aircastle and ICBC Aviation Leasing. The order was previously announced as a Letter of Intent for 15 firm orders with 20 purchase rights at the Paris Air Show earlier this year. With all purchase rights exercised the deal would have a value of USD 2.48 billion.
The aircraft for this order will come from the existing backlogs of lessors Aircastle and ICBC Aviation Leasing; each providing KLM with 11 and 10 E195-E2s, respectively.
“KLM’s decision to add a further six aircraft to this order is a significant vote of confidence in our E2 programme”, said John Slattery, President and CEO, Embraer Commercial Aviation. “Delivering 30% lower emissions when compared to KLM’s current E190s, yet still providing a further 32 seats, the E195-E2 will simultaneously increase capacity for KLM at slot constrained Schiphol Airport, while also delivering huge reductions in emissions.”
KLM President & CEO Pieter Elbers, said, “For KLM this aircraft is a significant part of our commitment to improving our environmental impact. Not only is the E195-E2 the most fuel efficient lowest emission aircraft in its class, it is also the quietest by a considerable margin – a huge benefit for both our communities and our passengers.
KLM will configure the aircraft with 132 seats. Deliveries will begin in the first quarter of 2021.
Embraer is the world’s leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers across the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered. Today, E-Jets are flying in the fleets of 80 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline network carriers.
Nov 4 (Reuters) – Philippines’ Cebu Air Inc has finalised the purchase of 16 long-range Airbus A330 neo jets worth $4.8 billion at list prices, the airline said on Monday.
The budget carrier, which operates 74 aircraft, mostly Airbus A320s, under the brand Cebu Pacific, is turning to larger and fuel-efficient jets for expansion, despite limited slots at the main gateway in the Philippine capital.
Scheduled to be delivered between 2021 and 2024, the 16 A330neo aircraft will be deployed on routes in the Philippines, Asia, Australia and the Middle East, Cebu Air said in a statement.
Reuters first reported that Cebu Air was close to buying A330neo or Boeing 787 aircraft in May.
In June, Cebu Air signed a signed a memorandum of understanding to acquire 16 A330neos, 10 A321XLRs and five A320neos, worth about $6 billion in total at list prices, during the Paris Air Show.
The new Airbus aircraft will cut fuel emissions and costs per seat, said Cebu Air Chief Executive Lance Gokongwei, adding that it would also help maximise seating capacity and the airline’s valuable slots in Manila and other major Asian cities.
(Reporting by Neil Jerome Morales; Editing by Clarence Fernandez)
A day after unveiling the new PC-12 NGX single-engine turboprop aircraft at the National Business Aviation Association’s annual Convention and Exhibition (NBAA-BACE), Pilatus reports very strong demand for the new aircraft across the global Authorised Pilatus Sales Centre network.
Based on the PC-12 airframe, of which more than 1,700 aircraft have been delivered, Pilatus introduces the third major evolution of the aircraft, named the PC-12 NGX. Markus Bucher, CEO of Pilatus, revealed the new aircraft at a ceremony on Monday evening. More than 200 guests were on hand for the aircraft’s public debut.
First customers of brand-new PC-12 NGX
On the first public day of NBAA-BACE, three customers were eager to be first in line to purchase the new advanced version of the PC-12.
Australian born Dion Weisler, President and CEO of HP, is the first owner to upgrade from his PC-12 NG to the new NGX. Dion Weisler said: “As an existing, proud and active owner-pilot of a 2017 PC-12 NG, I am amazed by the substantial innovation improvements in what I thought was an impossible aircraft to improve on. I am thrilled to be customer number one for the new PC-12 NGX. Pilatus has done it again – reimagined aviation and taken an already perfect aircraft and magically redefined perfection.”
The first US customer of the new PC-12 NGX is Shon Boney, Co-Founder of Sprouts Farmers Markets, an American supermarket chain. The new PC-12 NGX will actually be Shon Boney’s fourth PC-12.
João Carlos Marinho Lutz will be the first Brazilian customer to take delivery of the new PC-12 NGX. Currently flying a non-pressurised turboprop, he chose the new Pilatus aircraft, because “only the PC-12 NGX can reach farms in remote places where I need to go and amazing destinations in Brazil with comfort, speed and efficiency.”
The new PC-12 NGX is already certified
The PC-12 NGX features a completely new BMW Designworks interior, larger cabin windows inspired by the PC-24 and fully reclining executive seats. The new Pratt & Whitney Canada PT6 E-SeriesTM engine comes with the Electronic Propeller and Engine Control. A fully integrated digital autothrottle and new avionics features by Honeywell, including a touch screen controller, emergency descent mode, tactile roll feedback and protection, and a low speed propeller quiet mode are just some of the features of the new cockpit environment.
The PC-12 NGX prototype first flew in December 2017. More than 600 hours of testing and certification flying were accumulated in Europe, USA and Canada as Pilatus quietly developed the new aircraft. The PC-12 NGX received certification just one week ago on Monday, 14 October 2019.
Pilatus will begin customer deliveries of the new PC-12 NGX early in the second quarter of 2020. The first production PC-12 NGX with serial number 2001 is present on the static display of Pilatus throughout the NBAA-BACE. Contact Pilatus or your nearest Authorised Pilatus Centre for aircraft availability.
Las Vegas, Nevada, October 21, 2019 – Embraer announced today a purchase agreement with Flexjet, a global leader in private jet travel. The deal comprises a fleet of Embraer business jets, which includes the recently certified Praetor jets and the Phenom 300. The announcement was made during a press conference at the 2019 National Business Aviation Association’s Business Aviation Convention and Exhibition (NBAA-BACE), which is being held through October 24, in Las Vegas, Nevada.
Valued at up to USD 1.4 billion, at current list prices, this deal was included in the 2019 second quarter backlog, with deliveries starting in the fourth quarter of 2019. With this purchase agreement, Flexjet becomes Embraer’s Praetor Fleet Launch Customer.
“We are very grateful for Flexjet’s renewed commitment to Embraer through this new agreement, which reflects the growth and the strength of our partnership over the past 16 years and symbolizes our ongoing support for their journey ahead,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “Flexjet Owners will appreciate and enjoy a truly elevated customer experience in industry-leading aircraft, including the recently certified Praetor jets, which are different by design and disruptive by choice.”
The partnership between Embraer and Flexjet dates back to 2003, when Flight Options, which merged with Flexjet in 2015, became the first fractional ownership program to introduce the Legacy Executive jet into its fleet. Offering customers a large cabin experience at super-midsize economics allowed Flight Options to serve more customers even better than before, while also supporting the company’s growth via Embraer’s high utilization, reliable aircraft design.
“We are proud to introduce the Praetor jets to the fractional marketplace and make technologically advanced midsize and super-midsize aircraft available to Flexjet Owners,” said Michael Silvestro, Flexjet CEO. “This order also represents the longstanding trust we have in Embraer and in their enhanced commitment to support the growth of our programs and of our partnership with industry-leading business jets.”
Flight Options introduced the Phenom 300 into its fractional program in 2010, receiving Embraer’s 100th milestone Phenom 300 in 2012, the first year in which the aircraft became the best-selling light jet. For the seventh consecutive year, the Phenom 300 has been the most delivered light business jet, according to GAMA (General Aviation Manufacturers Association). Also according to GAMA data, the Phenom 300 was the only business jet to reach the mark of 500 deliveries in the last decade.
Flexjet became the first fractional provider to offer the Legacy 500, in September 2015. In fact, Flexjet took delivery of Embraer’s 1,000th executive jet, a Legacy 500, in April 2016. The Legacy 450 joined the Legacy 500 in Flexjet’s Red Label fleet in August of that year, and both models became the first fly-by-wire Flexjet aircraft, offering performance and capabilities of larger aircraft with midsize economics.
The two ultra long-range and exclusive jets are valued at $564 million according to list pricesBoeing Business Jets now has 16 orders for the 787 variant, making it one of the world’s most popular widebody business jets
Las Vegas, Nevada, October 22,2019 — A VIP customer was behind the purchase of two ultra-long range 787-9 Dreamliner airplanes, Boeing [NYSE: BA] announced today at the National Business Aviation Association’s annual convention.
The order, placed in August, has a list price value of $564 million. The VIP customer has requested to be unidentified.
The BBJ 787-9, a business jet version of the technologically-advanced 787-9 Dreamliner, is sought after by customers who place a premium on the jet’s globe-spanning range, spacious cabin and unrivaled passenger comfort. The airplane can fly 9,485 nautical miles while offering amenities such as larger windows, a lower cabin altitude, smooth ride technology, cleaner and higher humidity air, and a quieter cabin.
“The BBJ 787-9 offers our most discerning customers the ability to travel in ultimate comfort and fly directly to just about any city on earth. We’re talking about London to Sydney or Tokyo to Cape Town. Our newest BBJ 787-9 customer can clearly see the possibilities and more,” said Ihssane Mounir, senior vice president of Commercial Sales and Marketing for The Boeing Company. “With a total of 16 orders to date, the BBJ 787 program has won over other government and private customers who want to work, rest, and arrive refresh and ready for a productive day.”
The BBJ 787-9 offers one of the most spacious cabins in the industry with 2,775 ft2 (257.8 m2) of space. The spacious cabin provides a large canvas for a range of interior design options to ensure ultimate comfort on those short or long-distance flights.
The BBJ 787 builds on the success of the 787 Dreamliner – the fastest-selling widebody airplane in history with more than 1450 orders from over 80 customers on six continents.
