Helvetic Airways orders 12 E190-E2 jets from Embraer

Embraer has reported Helvetic Airways has signed a contract for a firm order of 12 E190-E2 jets, the company said.

The firm order has a value of USD 730 million, based on current list prices, and will be included in Embraer´s 2018 third-quarter backlog. The contract also includes purchase rights for a further 12 E190-E2, with conversion rights to the E195-E2, bringing the total potential order up to 24 E-Jets E2s. With all the purchase rights being exercised, the deal has a list price of USD 1.5 billion.

The first 12 E190-E2 aircraft will begin replacing Helvetic´s five Fokker 100s and seven E190s, starting in late 2019 and completing in autumn 2021. The purchase options for a further 12 aircraft (E190-E2 or E195-E2) will enable Helvetic Airways to grow according to market opportunities.

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 1,400 deliveries, redefining the traditional concept of regional aircraft.