Low Cost & Regional

Porter Airlines orders 80 Embraer E195-E2s in deal worth $5.82 billion

photo_camera Aerial view of the Canadian rockies mountains in the Banff national park, Canada

Porter Airlines has unveiled plans to extend its service to destinations throughout North America with a firm order for 30 Embraer E195-E2 jets, with purchase rights for a further 50 aircraft.

The deal will be included in Embraer’s second quarter backlog, and is worth $5.82 billion, at list price with all options exercised. First revealed in May 2021, this announcement adds the purchase rights and the customer name, which had been undisclosed.

Porter Airlines will be the North American launch customer for Embraer’s newest family of jets, the E2. The company says that Porter’s investment is set to disrupt the Canadian aviation landscape; “enhancing competition, elevating passenger service levels and creating as many as 6,000 new jobs”.

Michael Deluce, president and CEO of Porter Airlines said: “This is a defining moment in Porter’s history. Today we lay the foundation for a new and further reaching service for our customers, delivered in true Porter style and comfort. Embraer’s E2, with its spacious cabin, quiet operations, and no middle seats, provides the refined comfortable experience upon which Porter has built its reputation for service and quality. Our customers are going to love the experience on this jet as much as we already do at Porter.”

Porter intends to deploy the E195-E2s to business and leisure destinations throughout Canada, the United States, Mexico and the Caribbean, from Ottawa, Montreal, Halifax and Toronto Pearson International Airport.

President and CEO of Embraer Commercial Aviation, Arjan Meijer, added: “With this order for up to 80 of our largest aircraft, the E2 is making a stunning North American debut. As the quietest and most fuel-efficient aircraft in the segment, the E195-E2 also delivers excellent economic performance that shines through.”

Porter’s first delivery and entry into service is scheduled starting in the second half of 2022. The option to convert purchase rights to the E190-E2s is included in the agreement.

The E195-E2 accommodates between 120 and 146 passengers. Configuration plans for Porter’s E2s will be revealed in due course.


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