SÃO JOSÉ DOS CAMPOS, Brazil,
May 12, 2021 /PRNewswire/ -- Embraer
(B3: EMBR3, NYSE: ERJ) 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.
"We have navigated through the pandemic and we're on a solid
path to recovery. The E175 remains a key part of our strategy,"
said Nat Pieper, Alaska Airlines
senior vice president of fleet, finance and alliances. "We're
excited about growth in the years ahead, which has always been at
the heart of Alaska's DNA. The
E175 is a terrific plane to help us add new routes and frequencies,
and to complement our mainline aircraft to meet fluctuating demand
with the right capacity."
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.
Joe Sprague, President and CEO of
Horizon Air, said, "Our customers love the comfort and convenience
of the E175, especially their two by two layout, meaning no one has
to sit in the middle seat. The size and efficiency of the
E175 also allows us to boost flying in key markets, giving
our customers more of the flexibility they crave."
Mark Neely, VP Sales and
Marketing, The Americas, Embraer Commercial Aviation, said, "The
E175 is truly the backbone of the North American regional market;
Embraer's market share in the region's 70-90-seat segment is 85%.
There are currently 588 E175s serving U.S. and Canadian carriers in
cities across Canada, the
USA, Mexico, and Central
America."
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 E175s 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.
Aircraft photos:
https://embraer.imagerelay.com/share/a5b91ed5eee44458bc7d97eb038ad2a3
Follow us on Twitter: @Embraer
About Embraer
Embraer is a global aerospace company headquartered in
Brazil. It manufactures aircraft
for Commercial and Executive aviation, Defense & Security, and
Agricultural customers. The company also provides after-sales
services & support through a worldwide network of wholly-owned
entities and authorized agents.
Since it was founded in 1969, Embraer has delivered more than
8,000 aircraft. On average, about every 10 seconds an aircraft
manufactured by Embraer takes off somewhere in the world,
transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150
seats and is the main exporter of high value-added goods in
Brazil. The company maintains
industrial units, offices, service and parts distribution centers
across the Americas, Africa,
Asia, and Europe.
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SOURCE Embraer S.A.