Helvetic Airways has announced it has entered into an agreement with Embraer to upgrade four of its remaining firm orders to the larger E195-E2 aircraft, the company said.
The original order, for 12 E190-E2s with purchase rights for a further 12, and conversion rights to E195-E2, was announced in September 2018. Embraer has so far delivered five E190-E2s to Helvetic Airways, and all deliveries of the remaining seven aircraft, including the four E195-E2s, will be completed before the end of 2021, with the majority in the first half of 2021.
The remaining firm order for the seven aircraft to be delivered has a value of USD 480 million, based on current list prices. With all the purchase rights being exercised, the deal has a list price of USD 1.25 billion.
In a move to diversify fleet capacity, Helvetic Airways will configure the E195-E2 with 134 seats in a single class layout, while their E190-E2s have 110 seats. This gives Helvetic Airways the ability to alter their offering for airlines and other customers and to meet the actual passenger demand for each mission; very useful in the current environment where demand is seeing significant fluctuations. TAbout Embraer A global aerospace company headquartered in Brazil, Embraer celebrates its 50th anniversary with 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 is a manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil.