Embraer
Embraer has agreed to the sale of 19 new E175 jets to SkyWest Inc. for operation in the United Airlines 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 $1.1billion, based on list price.
The 70-seat aircraft will be delivered in a three-class configuration. Deliveries will begin Q4 2024.
President and CEO of SkyWest Chip Childs said, “SkyWest is already the largest E175 operator in the world, and when this order is delivered, we will have over 250 E175s. We look forward to continuing to improve the passenger flying experience with enhanced comfort and reliability.”
Martyn Holmes, CCO, Embraer Commercial Aviation, said, “We are pleased to build upon our superb partnership with SkyWest. The E175 is truly a versatile aircraft, the backbone of North American regional aviation.”
Earlier in October, American Airlines signed a firm order with Embraer for four new E175s. The aircraft will be operated by American’s wholly owned subsidiary, Envoy Air. With all deliveries in Q4 2024, Envoy’s all E-Jet fleet will grow to over 150 aircraft by the end of 2024. The contract value is $230.6 million at list price and will be included in Embraer’s 2023 Q4 backlog.
The E175 entered service in North America in 2005, and has since come to dominate the sector, due to its comfort, high performance, and efficiency.
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