Embraer delivered 55 jets in the second quarter, composed of 35 airliners and 20 executive jets. Of the business jets, Embraer shipped 17 light jets and three large jets. Total deliveries for the first six months reached 89 aircraft–56 commercial and 33 executive jets–13 more than for the same period last year.
European Regions Airline Association
ATR announced more than $600 million worth of firm orders at the show yesterday, led by an eight-unit deal with Taiwan’s TransAsia for ATR 72-600s. Meanwhile, the Franco-Italian manufacturer logged a separate pair of orders, each for two ATR 72-600s, from Air Lease Corporation and Lao Airlines.
Latvian carrier Air Baltic has signed a letter of intent for 10 Bombardier CSeries CS300 twinjets worth $764 million (at list prices), with purchase rights for 10 more. Deliveries are to start in the first quarter of 2015.
Air Baltic currently has eight Bombardier Q400s in its fleet, along with 10 Fokker 50s, 16 Boeing 737-300/500s and two Boeing 757s.
Chinese prime minister Wen Jiabao announced at the Rio+20 conference in Rio de Janeiro on Thursday that his country’s Aviation Industry Corporation of China (Avic) has signed an agreement to build Embraer Legacy 650 executive jets in Harbin, China. The project will use the infrastructure, financial resources and workforce of their joint venture, Harbin Embraer Aircraft Industry, which began operations in 2002 building Embraer ERJ145 regional jets.
International Airlines Group (IAG) has signed a binding agreement to sell Aberdeen, Scotland-based BMI Regional to Sector Aviation Holdings for £8 million ($12.9 million) in cash. The sale includes all BMI Regional’s fixed assets and long-term liabilities, including owned and leased aircraft.
BMI Regional flies a fleet of 18 Embraer ERJ 145s and ERJ 135s throughout the UK and Northern Europe. IAG chief executive Willie Walsh said the deal “should” secure some 330 jobs.
Anyone doubting the staying power of turboprop aircraft in the regional airline sector probably should have visited Toulouse on May 3 to see ATR delivering the 1,000th example of its twin turboprop series.
Europe’s regional airlines continue to struggle against European Commission (EC) bureaucrats who do not appreciate their value or the problems poor legislation and punitive taxation cause, or that they enable European economic prosperity. This was the central message from the “Regions at Risk” conference held by the European Regions Airline Association (ERA) in Porto, Portugal on April 18 and 19.
Delegates attending the European Regions Airline Association (ERA) spring conference in Porto, Portugal, last week heard about the risks associated with policies that focus on core areas with little or no regard to protecting the provision of air services to the regions where 85 percent of Europe’s population resides.
Embraer’s backlog for commercial airliners fell to its lowest level in more than five years, following a first quarter in which it delivered 21 E-Jets but sold only 12. As of March 31, its firm backlog stood at $14.7 billion, compared with $15.4 billion at the end of last year. The value of its backlog has fallen from a high of $21.6 billion in the third quarter of 2008.
Estonian Air has chosen Embraer’s line of E-Jets to revamp its entire fleet of narrow-body and regional jets, Embraer announced in late February. The national flag carrier of Estonia and the Brazilian manufacturer have signed a contract for the purchase of three E175s and one E190. Estonian Air also plans to take eight more Embraer aircraft–four E170s and four E190s–under a combination of lease agreements with third parties and leasing companies. At press time the direct purchase from Embraer remained subject to the approval of Estonian Air’s Supervisory Council.