TrueNoord, the specialist regional aircraft leasing company, has signed a firm order agreement with Embraer (NYSE: ERJ; B3: EMBR3) to acquire twenty factory-new E195-E2 aircraft. The agreement also includes purchase rights for up to twenty additional new E195-E2 aircraft and up to ten new E175-E1 aircraft. At list price, the firm order is valued at USD 1.8 billion.
“This landmark agreement represents TrueNoord’s first direct order with an aircraft manufacturer – a milestone in the company’s journey” comments Anne-Bart Tieleman, CEO of TrueNoord. “It marks an important stepping stone in our continued growth as a global leasing platform, underlining our commitment to investing in next-generation, fuel-efficient regional jets.
“The Embraer E-Jets combine efficiency, flexibility and performance, making them ideally suited to TrueNoord’s customers around the world. Partnering with Embraer allows the business to further strengthen its offering and support airlines with aircraft that deliver superior economics and environmental benefits.”
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Download free sample pagesArjan Meijer, CEO of Embraer Commercial Aviation, comments, “This first direct order from TrueNoord is a strong endorsement of the E2 family’s capabilities and success in the market, and a testament to the trust and collaboration between our teams. The E195-E2 delivers exceptional performance and efficiency, making it the ideal choice for lessors and operators looking to future-proof their fleets. This agreement also sends a strong signal to the market – reinforcing the momentum behind next-generation small narrowbody aircraft and the growing demand for sustainable, right-sized aircraft."
