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AMSTERDAM — Dutch regional aircraft leasing specialist TrueNoord has placed a firm order for 20 Embraer E195-E2 aircraft, with options for an additional 20 examples and 10 E175-E1 jets, a deal worth USD $1.8 billion at list price. The agreement represents the first direct orders with Embraer from the lessor, though they do own six E2s through lease-back agreements with Porter (PD)
The order continues a strong year for the Brazilian planemaker, with a total of 154 firm orders for its flagship E2 jets from All Nippon Airways (NH), Scandinavian Airlines (SK), Avelo Airlines (XP), LATAM Brazil (JJ), and now TrueNoord. Today’s order brings the E2 family’s total firm order book to 494, split between 70 E190s and 424 E195s.
“This landmark agreement represents TrueNoord’s first direct order with an aircraft manufacturer – a milestone in the company’s journey,” says TrueNoord CEO Anne-Bart Tieleman. “It marks an important stepping stone in our continued growth as a global leasing platform, underlining our commitment to investing in next-generation, fuel-efficient regional jets. The Embraer E-Jets combine efficiency, flexibility, and performance, making them ideally suited to TrueNoord’s customers around the world. Partnering with Embraer allows the business to further strengthen its offering and support airlines with aircraft that deliver superior economics and environmental benefits.”
Arjan Meijer, CEO of Embraer Commercial Aviation, said, “This first direct order from TrueNoord is a strong endorsement of the E2 family’s capabilities and success in the market, and a testament to the trust and collaboration between our teams. The E195-E2 delivers exceptional performance and efficiency, making it the ideal choice for lessors and operators looking to future-proof their fleets. This agreement also sends a strong signal to the market – reinforcing the momentum behind next-generation small narrowbody aircraft and the growing demand for sustainable, right-sized aircraft."
No timeline nor operators for these new aircraft have yet been announced.
About TrueNoord
TrueNoord is headquartered in Amsterdam and owns a fleet of 101 aircraft across 10 aircraft types, including every member of the Embraer E1 series (E170 to E195), the E195-E2, ATR42 and ATR 72 600 series, DHC-8-400, and CRJ, a portfolio valued at USD 1.4 billion.
The company works with at least 30 airlines in 24 countries around the world, including the likes of Breeze (MX), Air Canada Express (QK), Air France Hop (A5), IndiGo (6E,) and LOT Polish Airlines (LO).
Featured image: Embraer
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