Azul signs a Letter of Intent for additional E195-E2 jets

Azul Linhas Aéreas Brasileiras has signed a Letter of Intent for a firm order of 21 E195-E2 jets. This contract has a value of $1.4 billion. The order will be added to Embraer’s order book as soon as the firm contract is completed. This order is additional to an order for 30 E195-E2 jets signed by the airline in 2015, which will raise Azul’s total order to 51 Embraer E2 aircraft. Azul is the launch operator of the E195-E2 and will receive the first aircraft in 2019. “Azul is much more than a customer to us, they are a great