Azul Giveth, while JetBlue Taketh Away
Aviation International News » December 2011
December 6, 2011, 1:25 AM
Embraer won an order for 11 more 118-seat E195s from Brazilian airline Azul in late October, not long after New York-based JetBlue canceled an order for 12 E190s. The contract with Azul, owned by JetBlue co-founder David Neeleman, calls for deliveries to start early in 2013. Embraer places the value of the contract at $497 million.
The Azul transaction increases that airline’s total order count for Embraer E-Jets to 52 aircraft. It now operates 23 E195s and ten 106-seat E190s. JetBlue, meanwhile, has also deferred orders for seven E190s from 2013 and 2014 to 2018.
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Comments
Shows the importance of a leader.
The Embraer 190 has been a financial disaster for JetBlue. The more orders they stop the stronger they are.
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