Dubai Air Show 2019: Air Peace expands Embraer E195-E2 order

Embraer has confirmed that Air Peace has signed a contract for three additional E195-E2s, confirming purchase rights from the original contract, signed in April this year.

The deal was signed today at the Dubai Air Show.

These new E195-E2s will be included in Embraer’s fourth-quarter backlog and have a value of US$212.6 million, based on Embraer’s current list prices.

Air Peace is Nigeria and West Africa’s largest airline.

Set to be the first E-Jets E2 operator in Africa, Air Peace’s firm order, announced in April, is now for 13 E195-E2s with 17 purchase rights for the same model.

The first delivery is scheduled for the second quarter of 2020.

“The E195-E2 is the perfect aircraft to expand our operations in Africa and this new order is a further confirmation of our ‘no-city-left-behind’ initiative which we shall continue to execute,” said Air Peace chief executive, Allen Onyema.

He added: “We are receiving impressive data about the aircraft’s economics now that is in revenue service, and this was a driver to place this new firm order with Embraer.

“We look forward to receiving our first aircraft, which will enhance connectivity in Nigeria and the African region, while feeding long-haul flights from our Lagos hub.”

Air Peace subsidiary, Air Peace Hopper, started operating six ERJ145 jets last year on short thin routes.

Air Peace’s E195-E2s will be configured in a comfortable dual class arrangement with 124 seats.

The airline operates more than 20 local, regional, and international routes and has strategic plans to expand those routes.

Read the full article at Breaking Travel News

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