Cairo carrier places order for three Embraer aircraft

CIAF Leasing signed a firm order for three E190 jets, with delivery due for Q4 2020.

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São Paulo – CIAF Leasing, out of Cairo, Egypt, signed a firm order for three E190 aircraft by Brazilian manufacturer Embraer. The order is worth USD 161.4 million, and will add to CIAF’s fleet, currently comprising three E170 Embraer jets, two of which are on lease from Jasmin Airways, and one from Air Cairo.

The announcement came during the Dubai Air Show, taking place from Sunday (17) to next Thursday (21) in Dubai, UAE. Embraer is an exhibitor. Delivery is expected in Q4 2020. CIAF is also getting two Embraer E195 jets this month, the Brazilian manufacturer reported.

“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,” said CIAF Leasing chairman and CEO Hassan Mohamed.

“It’s a pleasure to work with an organization that’s going from strength to strength by exploiting the benefits a family of aircraft can provide,” said Embraer Commercial Aviation’s vice president of sales for Africa and Middle East, Raul Villaron regarding the deal with CIAF Leasing. Pictured above are, Mohamed (L) and Villaron (R).

The Dubai Air Show also saw Embraer announce a deal with Air Peace, the biggest carrier in Nigeria, for three E195-E2, confirming purchase rights from an original contract dating from April 2019, and bringing Air Peace’s firm order to to 13 Embraer E195-E2 units.

Embraer also announced that its KC-390 will be made available internationally under the name Embraer C-390 Millennium. The aircraft was designed at the request of the Brazilian Air Force, as a replacement for its C-130 fleet.

The model is known as a multi-mission unit, capable of performing tasks including hauling and dropping cargo and troops, performing search and rescue operations, fighting fires while airborne, and assisting with medical evacuations and humanitarian missions.

Embraer and Boeing also said their upcoming joint venture to find new markets for the C-390 Millennium will be named Boeing Embraer – Defense, pending approval from regulators and further negotiations.

“Boeing Embraer – Defense will build on our companies’ history of collaboration across commercial and defense aerospace to unlock significant value in the state-of-the-art C-390 Millennium as it enters service and leads the next generation of airlift and air mobility aircraft,” said Marc Allen, Boeing’s president of Embraer Partnership and Group Operations.

Boeing’s comprou of Embraer’s commercial aviation division will originate Boeing Brasil, with Boeing holding 80% and Embraer retaining 20%. The deal also pends approval and completion is expected in 2020.

Translated by Gabriel Pomerancblum

Press Release

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