Brazilian airline Azul announced Tuesday that it will phase out, by the end of 2023, 12 Embraer E195-E1 jets from its passenger operating fleet.
The E195-E1 fleet will be reduced by 22 aircraft compared to 2019, representing a 40% reduction and a significant acceleration of the fleet renewal plan.
→ Brazil’s Azul takes delivery of its first Airbus A350-900.
The exit of these 12 aircraft is related to the recent negotiation of the sale of 5 aircraft to Azorra Aviation, reducing debt, the end of the lease of 4 aircraft, and the conversion of 3 aircraft to freighters.
“This announcement demonstrates our ability to accelerate the gradual replacement of Embraer’s E195-E1 aircraft. The departure of these aircraft gives us the opportunity to move forward in receiving the new generation E195-E2s, further expanding our margins, given that the cost per seat of the E2s is 26% lower compared to the E1s,” said Alex Malfitani, CFO of Azul.
Photo: Renato Spilimbergo Carvalho/Wikipedia
Related Topics
Avolon Finalizes Record Order for 140 Boeing 737-10 Jets
Boeing 777-9 Lands in Bolivia for Demanding High-Altitude Certification Tests
Boeing Projects China’s Commercial Fleet Will More Than Double, Surpassing 9,800 Aircraft Over the Next 20 Years
Icelease Secures Agreement with Boeing for Up to Three 767-300BCF Conversions
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.