Air France/KLM Group Order 34 Additional Embraer Jets

Courtesy Embraer

São José dos Campos, Brazil – Embraer announced today a firm order for 15 E175s and two E190s from KLM Cityhopper, KLM’s regional subsidiary. The contract for the 17 E-Jets also includes an option for 17 additional E-Jets for KLM Cityhopper or Air France regional subsidiary HOP! The firm order, which will be included in Embraer’s 2015 first-quarter backlog, has an estimated value of USD 764 million based on Embraer’s current list prices. The transaction is valued at USD 1.5 billion, if all options are exercised.

Both the E190s and the E175s will be configured in single-class layouts. They will join the 28 E190s already flying with KLM Cityhopper to replace the remaining 19 Fokker F70s that the carrier is phasing out.

The delivery of the first E190 is scheduled to occur by year-end. The first E175 will join KLM Cityhopper’s fleet in the first semester of 2016. The Air France/KLM group started the process of replacing the Fokker 100 for E-Jets in Regional/Air France and KLM Cityhopper in 2008, in order to enhance the existing network and to permit the development of new routes. When the last aircraft from this order is delivered, Air France/KLM group will have 71 E-Jets, the largest E-Jet fleet in Europe.

“Purchasing these seventeen Embraers and taking out an option to order an additional seventeen in the future, represents a giant stride for KLM in terms of fleet renewal. KLM continues to invest in its fleet and product in order to offer passengers the best, as well as reaffirming KLM and KLM Cityhopper’s commitment to our customers,” said KLM President & CEO Pieter Elbers. KLM Cityhopper was recently awarded by the Air Transport News magazine as Regional Airline of the Year 2015.

The E175s feature a new wingtip that, among other technical enhancements, improves aerodynamic performance. Fuel consumption on a typical flight is 6.4% lower than the original E175. The reduction makes the operating economics of today’s E175s comparable to large-capacity turboprops and presents new opportunities for the E175.

Source Embraer / Edited By Airline Adviser 04/04/15