July 20, 2022
Porter orders another 20 Embraer jets for expansion
Porter Airlines placed a firm order for 20 Embraer E195-E2 passenger jets, adding to its existing 30 firm orders. Porter will use the E195-E2 to extend its service to destinations throughout North America. The deal, with a list price value of US$1.56 billion, brings Porter’s orders with Embraer to a total of up to 100 E195-E2 aircraft, with 50 firm commitments and 50 purchase rights.
In 2021, Porter ordered 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft, worth US$5.82 billion at list price, with all options exercised.
“We are in final preparations to introduce the E195-E2 to North America, joining other global airlines already benefiting from its use,” said Michael Deluce, President and CEO of Porter. “The aircraft will become core to our fleet, as Porter reshapes passenger expectations for air travel in same way we did over 15 years ago.”
Porter will be the North American launch customer for Embraer’s newest family of jets, the E2. Porter’s investment is set to disrupt Canadian aviation; enhancing competition, elevating passenger service levels and creating as many as 6,000 new jobs. Porter intends to deploy the E195-E2s to popular business and leisure destinations throughout Canada, the United States, Mexico and the Caribbean, from Ottawa, Montreal, Halifax and Toronto Pearson International Airport.
Porter’s first delivery and entry into service is scheduled to start in the second half of 2022. The E195-E2 accommodates between 120 and 146 passengers.
(Photo: Porter Airlines)