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
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