Sao Jose Dos Campos, Brazil, 29th November 2023 – Porter Airlines has exercised purchase rights to place a firm order for 25 Embraer SA ADR (NYSE: ERJ) E195-E2 passenger jets, adding to their 50 existing firm orders. Porter will use the new aircraft to extend its award-winning service to destinations throughout North America. The deal, valued at US$2.1bn at list price, will be added to the Q4 backlog, and brings Porter’s orders with Embraer to 75 firm, with 25 purchase rights remaining.
Porter, the North American launch customer for Embraer’s E195-E2, has already taken delivery of 24 E195-E2’s, and recently announced new destinations including Las Vegas, Miami, San Francisco, and Los Angeles; with destinations in Mexico and the Caribbean also planned. The aircraft are currently deployed from Eastern Canada, with a focus on Toronto Pearson International Airport and Ottawa. Halifax and Montreal are also seeing new services with the E195-E2. Porter has chosen to configure the 146-seat aircraft in a comfortable 132-seat all-economy configuration, with a variety of seat pitches on offer for their guests: 36, 34, and 30 inches.
About Embraer
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.
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