Embraer has signed a firm order for ten E195-E2 jets with Air Peace, Nigeria’s largest airline.
The order was announced on 3 April, during the Embraer’s Africa Airline Business Seminar, in Mauritius. With this order, Air Peace will become the first E-Jets E2 operator in Africa. The contract includes purchase rights for a further 20 E195-E2s. With all purchase rights being exercised, the contract has a value of $2.12 billion, based on current list prices. The order will be included in Embraer’s 2019 second-quarter backlog.
Embraer said Air Peace has grown rapidly since it commenced flight operations in 2014 and is now the largest airline in West Africa.
Air Peace Chairman/CEO, Mr. Allen Onyema, said, “Embraer’s new E195-E2 presents us with a marvel of economic performance. It’s also great that we will be the first E2 operator on the African continent. We already have the ERJ145 in our fleet, so we understand the high standards of Embraer products.”
“The airline was established to bring highly skilled work opportunities to the people of Nigeria and to boost connectivity, which in turn significantly contributed to the economy in the region. Air Peace has delivered successfully on both aims, and has become a fast growing successful airline. It’s great to now have them onboard the E2 as well,” said Arjan Meijer, Chief Commercial Officer, Embraer Commercial Aviation.
Meijer continued, “The market in Africa presents significant opportunities for airlines to deliver the connectivity that the whole continent needs. Aircraft however must be right-sized to develop those routes profitably; more than 90% of intra-African flights depart with fewer than 150 passengers onboard. And more than 70% of markets are served with less than one flight per day.”
Air Peace subsidiary, Air Peace Hopper, started operating six ERJ145s last year on short thin routes, which helped it choose the E2.