Azzora exercises purchase rights for 15 E195-E2 jets

Embraer has confirmed the undisclosed customer for 15 E195-E2 jets on the January order book is Azzora. The order is valued at $1.2 billion at list price and was added to the Q4 2022 backlog. This order further adds to Azorra’s 20 aircraft firm orderbook, bringing Azorra’s total orderbook with Embraer to 35 aircraft.  Azorra still maintains incremental purchase rights under its existing agreements with Embraer. “This decision to exercise purchase rights is a testament to the rising popularity of the E2 program,” said Ron Baur, President of Azorra.  “With the recent additions of Royal Jordanian, Scoot and SKS Airways