18 November 2019:Air Peace has signed a contract with Embraer for three additional E195-E2s, confirming purchase rights from the original contract, signed in April this year. The value of the contract is USD 212.6 million, based on Embraer's current list prices.
Air Peace's firm order is now for 13 E195-E2s with 17 purchase rights for the same model. The first delivery is slated for the second quarter of 2020.
"The E195-E2 is the perfect aircraft to expand our operations in Africa and this new order is a further confirmation of our 'no-city-left-behind initiative which we shall continue to execute," said Air Peace Chairman/CEO, Allen Onyema. "We are receiving impressive data about the aircraft's economics now that is in revenue service, and this was a driver to place this new firm order with Embraer. We look forward to receiving our first aircraft, which will enhance connectivity in Nigeria and the African region, while feeding long-haul flights from our Lagos hub."
"Air Peace will love the aircraft's efficiency and the passenger will experience an unparalleled level of comfort, especially in first class - Air Peace is the launch customer for Embraer's new premium staggered seating option," said Raul Villaron, Vice President Sales, Africa and Middle East, Embraer Commercial Aviation. "We look forward to supporting Air Peace's growing E2s fleet and to deepening our fruitful partnership."