Azorra, a US-based aircraft lessor, has successfully closed a US$190 million financing agreement with Banco Nacional de Desenvolvimento Econômico e Social (BNDES) of Brazil. This significant facility will fund the acquisition of up to eight Embraer E2 jets, further solidifying Azorra’s commitment to fleet expansion and modernization. This financing marks the first-ever collaboration between BNDES and ITASCA MGA, a UK-based financial…
Grupo Aeromexico has announced plans to replace its fleet of E190 aircraft with B737-9s as part of its strategy to enhance capacity and operational efficiency. This upgrade is expected to result in an 83% increase in departure seats, enabling the airline to accommodate more passengers on high-demand routes.
Breeze Airways (US) has announced plans to operate its Embraer E190/E195 fleet until mid-2026, after which the carrier will shift its focus to the A220 aircraft. While the Embraer jets will continue serving regular routes for the next few years, they will eventually be retained exclusively for charter operations before being completely phased out.
Porter Aircraft Leasing (Canada) has entered into sale and leaseback financing agreements with Avolon (Ireland)for four PW1921G engines. These engines are slated for delivery in 2025 and 2026 and will support Porter’s ongoing acquisition of E195-E2 aircraft.
The Secretaría de la Defensa Nacional (Sedena), the governmental department overseeing Mexicana, has increased its budget request to US$1.0 billion to finance the purchase of 20 Embraer E2 aircraft currently on order. This significant investment highlights Sedena’s ambition to modernize Mexicana’s fleet and enhance its operational capacity.
Air Montenegro is set to enhance its route network with the launch of direct flights from Podgorica to Baku and Praguein 2025. The service to Prague will commence in May, followed by the Baku route in June. These flights will be operated using the modern and efficient Embraer E195-E2, known for its enhanced passenger comfort and fuel efficiency.
GOAL Aircraft Leasing, a prominent German leasing company, has finalized a sale and leaseback agreement with Porter Airlines (Canada) for two Embraer E195-E2 aircraft. These modern jets will be operated by Porter Airlines under long-term lease arrangements, further strengthening its fleet for regional and transcontinental operations.
Embraer, a leading Brazilian aerospace manufacturer, delivered 75 aircraft in the fourth quarter of 2024, maintaining the same output as in the corresponding period of 2023. For the full year, Embraer delivered a total of 206 aircraft, representing a 14% year-over-year increase compared to 2023.
Porter Airlines Canada has taken delivery of its latest addition, an Embraer E195-E2 aircraft with serial number 19020155. This modern jet is powered by PW1921G engines, offering enhanced fuel efficiency and performance.
Mesa Airlines, a US-based regional carrier, has entered into an Aircraft Purchase Agreement with United Airlines to sell 18 E175 aircraft. The transaction is valued at US$229.1 million in gross proceeds, with 10 of the aircraft to be leased back to Mesa, ensuring continuity in its operations.
