Aircastle Signs Firm Order For Twenty Five Embraer E-Jet E2s

(RTTNews) - Embraer and Aircastle Holding Corporation Limited, which is a subsidiary of Aircastle Limited (AYR), announced at the 51st International Paris Air Show a firm order for 25 E-Jet E2s, consisting of 15 E190-E2s and 10 E195-E2s with an additional 25 purchase rights for 15 E190-E2s and 10 E195-E2s, bringing the total potential order to up to 50 aircraft. The transaction will be included in Embraer's 2015 second-quarter backlog.

Aircastle's deliveries are scheduled to begin in 2018 for the E190-E2 and 2019 for the E195-E2 at a rate of roughly seven units per year through 2021. The new order brings the E-Jets E2 backlog to 267 firm orders plus 373 options and purchase rights.

The first E-Jet E2 (an E190-E2) is planned to be delivered in the first semester of 2018. The E195-E2 is scheduled to enter service in 2019 and the E175-E2 in 2020. The E-Jets E2 program reinforces Embraer's commitment to continuously invest in the company's line of commercial jets and to maintain its leadership position in the 70 to 130-seat aircraft segment.

The E2s have state-of-the-art Pratt & Whitney PurePower Geared Turbofan high by-pass ratio engines (PW1700G on the E175-E2, PW1900G on the E190-E2 and E195-E2).