Sao Jose dos Campos, Brazil, October 26, 2023 – Embraer (NYSE: ERJ) has agreed to the sale of 19 new E175 jets to SkyWest, Inc. (NASDAQ: SKYW) for operation in the United Airlines (NASDAQ: UAL) network, adding to the 90 E175 jets SkyWest already operates for United. The E175 aircraft will fly exclusively with United under a Capacity Purchase Agreement (CPA). The value of the contract, which has been included in Embraer’s Q3 backlog, is US$1.1billion, based on list price.
The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024.
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.
Embraer has agreed the sale of 16 new E175 jets to SkyWest, Inc. (NASDAQ: SKYW) for operation in the Delta Air Lines (NYSE: DAL) network, adding to the 71 E175 jets SkyWest already operates for Delta. The E175 aircraft will fly exclusively with Delta under a Capacity Purchase Agreement (CPA). The value of the contract, which will be included in Embraer’s third quarter backlog, is USD 798.4 million, based on list price.
The 76-seat aircraft will be delivered in Delta’s livery and will have a three-class configuration. Deliveries start in mid-2022.
Embraer has agreed the sale of nine new E175 jets to Alaska Air Group and its subsidiary Horizon Air. The E175 aircraft will fly exclusively with Alaska Airlines under a Capacity Purchase Agreement (CPA). The value of the contract, which will be included in Embraer’s second-quarter backlog, is USD 449.1 million, based on current list prices.
Alaska Airlines, a new member of the Oneworld Alliance, currently has 62 Embraer E175 jets in their fleet, operated by Horizon Air and SkyWest Airlines. The 76-seat aircraft will be delivered in Alaska’s livery and three-class configuration, starting in 2022.
Alaska Air Group also announced today a commitment for eight more E175 aircraft with SkyWest Airlines. Once all 17 E175 aircraft announced today are delivered, Alaska Air Group will have 79 E175s in its regional fleet operated by Horizon and SkyWest.
Horizon is converting nine options from its April 2016 contract to firm orders. Added to Horizon’s three remaining firm orders on backlog, they will have a fleet of 42 E175’s flying for Alaska Airlines, when all aircraft are delivered.
The E175 has been a lifeline for carriers as they are perfectly suited to rebuild frequencies and add incremental capacity to meet rebounding domestic demand. During 2020 it was the first aircraft type to bounce back, achieving 100% of Alaska’s 2019’s schedule by Nov. 2020. Last October, the E175 started replacing larger aircraft on several intra-Alaska routes. Alaska Airlines has also been building its presence in California with the addition of new seasonal routes between cities in the Golden State and Montana with the E175.
PHOENIX, March 02, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today announced it has entered into a conditional agreement with Gramercy Associates Ltd. based in London, England to develop a European based joint venture. The joint venture will apply for a new Air Operator’s Certificate (AOC) in the European Union using CRJ-900 aircraft with the goal of introducing a Capacity Purchase Agreement or ACMI (Aircraft, Crew, Maintenance, and Insurance) in passenger or cargo services in Europe. Gramercy Associates is headed by Tony Davis, former CEO of Tiger Airways and bmibaby.
Under the agreement, Mesa will own 49% of the partnership once the Air Operator’s Certificate is obtained. The current plan is to begin operations by the end of 2021.
Mesa Air Group, Inc. (NASDAQ: MESA) today announced that it is amending its new Capacity Purchase Agreement with American Airlines (NASDAQ: AAL).
The amendment will see Mesa pick up flying at the beginning of 2021 over and above its new CPA levels, increasing to a total of five incremental aircraft by March. American retains the option to withdraw any of these incremental aircraft upon 60 days’ prior notice.
“We appreciate the opportunity to add this additional capacity at the request of American Airlines,” said Brad Rich, Executive Vice President and Chief Operating Officer. “We remain optimistic about our relationship with American Airlines and are well prepared to respond positively to future opportunities.”
Alaska Airlines, Inc.’s board of directors today elected Brooke Vatheuer to the new position of vice president strategic performance – Seattle, where she will lead the airline’s growing, hometown hub at Sea-Tac International Airport.
Vatheuer, who previously served as senior vice president of operations and planning for Horizon Air, will be a champion for Alaska’s guests and employees as it continues to grow its operations at Sea-Tac. Vatheuer will be accountable for the guest experience, operational metrics, gate space areas, ground staffing, air space management and employee engagement at Sea-Tac. The new leadership role reflects the airline’s continued focus on Seattle as a center of national and global connections for guests traveling for both business and leisure.
Vatheuer has more than a decade of experience at Alaska Airlines and Horizon Air. She started with Alaska in 2007 as an internal auditor and quickly took on new positions and leadership roles in the following years, including managing director of audit programs. In 2017, she joined Horizon Air as vice president of finance and planning where she oversaw operational performance, led strategic planning and continued to improve processes, collaboration and engagement among Horizon’s frontline employees.
“Brooke is a talented executive with a lengthy history of experience at Alaska Air Group managing people and operations,” said Gary Beck, Alaska’s executive vice president and chief operating officer. “She has an astute understanding of the airline business. Her work in audit, finance, analytics, strategic planning and as the head of operations at Horizon Air enables her to deeply appreciate the intricacies of an effective operation. Our guests can look forward to an improved experience at Sea-Tac airport.”
Vatheuer earned a bachelor’s degree in business administration from the University of Washington, as well as a master’s degree in professional accounting. She is a certified public accountant.
Alaska Airlines and its regional partners fly 47 million guests a year to more than 115 destinations with an average of 1,300 daily flights across the United States and to Mexico, Canada and Costa Rica. With Alaska and Alaska Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. Alaska Airlines ranked “Highest in Customer Satisfaction Among Traditional Carriers in North America” in the J.D. Power North America Airline Satisfaction Study for 12 consecutive years from 2008 to 2019. Alaska Airlines and Horizon Air are subsidiaries of Alaska Air Group (NYSE: ALK).
