18 November 2019: CIAF Leasing has signed a firm order for three E190 aircraft with Embraer. The deal is worth USD 161.4 million at current list prices.
The three new aircraft will be included in CIAF's existing fleet of three E170s, two of which are on lease with Jasmin Airways, the other with Air Cairo. CIAF will also receive two E195s in mid-November.
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."
In the fourth quarter of 2020, all three aircraft will be delivered in a new livery showing off CIAF's new visual identity.