Embraer Shares Rise as E2 Program Passes 500 Orders
Brazilian planemaker Embraer secured a firm order for 15 E195-E2 aircraft from lessor Azorra, bringing total bookings for the E2 program beyond 500 units. The deal could add approximately 500 million dollars to the company backlog and reflects strong demand for fuel-efficient regional jets.
Embraer SA secured a firm order for 15 E195-E2 jets from lessor Azorra, a deal that pushes the E2 program beyond 500 total bookings. The transaction will be reflected in second-quarter results and backlog, though Embraer SA did not disclose the financial value of the agreement. The order validates the commercial appeal of the E2 family as airlines prioritize fuel efficiency and capacity flexibility.
### Azorra Expands Order Book The transaction marks the third increase to Azorra’s original 2021 agreement and includes purchase rights for an additional 15 aircraft. This brings the lessor’s total firm orders to 54 jets, up from 39. While Embraer SA did not disclose the deal's value, analysts at Santander estimated the 15 firm orders could add $500 million to the backlog.
