Embraer (NYSE: ERJ) has announced that it has signed a long-term Pool Program Agreement with the U.S. carrier Breeze Airways to support a wide range of repairable components for the airline’s E190s and E195s fleet. The agreement includes full repair coverage for components and parts, as well as access to a large stock of components at Embraer’s distribution center, which will support the start of the airline’s operation.
The program will provide the most efficient and reliable solutions to Breeze’s E-Jets fleet. The airline will benefit from the availability of spare parts, enjoy significant savings on repair and service costs, and maintain a profitable operation. Currently, the Pool Program supports more than 50 airlines worldwide.
Embraer’s Flight Hour Pool Program is designed to allow airlines to minimize their upfront investment on high-value repairable inventories and resources and to take advantage of Embraer’s technical expertise and its vast component repair service provider network. The results are significant savings on repair and inventory carrying costs, reduction in required warehousing space, and the virtual elimination of the need for resources required for repair management, while ultimately providing guaranteed performance levels.