U.S. Markets open in 56 mins

EMBRAER S.A.: CIAF Leasing Signs Order with Embraer for Three E190 Jets

DUBAI, Nov. 18, 2019 /PRNewswire/ -- Embraer and Cairo-based CIAF Leasing have signed a firm order for three E190 aircraft. The deal has a value of USD 161.4 million at current list prices and will be added to Embraer's fourth quarter backlog.

The three new aircraft will join CIAF's existing fleet of three E170s, two of which are on lease with Jasmin Airways, the other with Air Cairo. CIAF are also due to receive two E195s in mid-November.

Dr. Hassan Mohamed, Chairman and CEO of CIAF Leasing said, "The three new E190s will be an excellent addition to our growing fleet of Embraer E-Jets. With a fleet of E170s, E190s, and E195s, CIAF will have the flexibility to offer to both our wet and dry lease customers a service that fits their needs exactly."

Raul Villaron, Vice President Sales, Africa and Middle East, Embraer Commercial Aviation said, "CIAF is rapidly increasing its footprint in both wet and dry leasing with the addition of further aircraft to their fleet and the establishment of their own AOC (Air Operator Certificate) in June this year. It's a pleasure to work with an organisation that's going from strength to strength by exploiting the benefits a family of aircraft can provide."

All three aircraft will be delivered in the fourth quarter of 2020, in a new livery showing off CIAF's new visual identity.

Embraer is the world's leading manufacturer of commercial aircraft up to 150 seats with more than 100 customers across the world. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,500 aircraft have been delivered. Today, E-Jets are flying in the fleets of 80 customers in 50 countries. The versatile 70 to 150-seat family is flying with low-cost airlines as well as with regional and mainline network carriers.

Follow us on Twitter: @Embraer

PRESS OFFICES:

Headquarters (Brazil)

Corporate Communications
embraer@idealhks.com
Cell: +55 11 98890 7777
Tel.: +55 11 4873 7984

North America

Alyssa Ten Eyck
ayeck@embraer.com 
Cell: +1 954 383 0460
Tel.: +1 954 359 3847

Europe, Middle East and Africa

Guy Douglas
guy.douglas@nl.embraer.com 
Cell: +31 (0)657120121
Tell: +31 (0)202158109

China

Mirage Zhong
mirage.zhong@bjs.embraer.com 
Cell:  +86 185 1378 5180
Tel.: +86 10 6598 9988

Asia Pacific 

Nilma Missir-Boissac
nilma.boissac@sin.embraer.com 
Cell: +65 9012 8428
Tel.: +65 6305 9955

Cision

View original content:http://www.prnewswire.com/news-releases/embraer-sa-ciaf-leasing-signs-order-with-embraer-for-three-e190-jets-300959957.html