Helvetic Airways Upgrades Embraer E2 Order

Helvetic Airways has signed a commitment to convert four of their remaining firm orders with Embraer to the larger E195-E2 aircraft.

The original order, for 12 E190-E2s with purchase rights for a further 12, and conversion rights to E195-E2, was confirmed in September 2018.

Embraer has so far delivered five E190-E2s to Helvetic Airways, and all deliveries of the remaining seven aircraft, including the four E195-E2s, will be completed before the end of 2021, with the majority taking place in the first half of the year.

The remaining firm order for the seven aircraft to be delivered has a value of USD 480 million, based on current list prices. With all the purchase rights being exercised, the deal has a list price value of USD 1.25 billion.

Helvetic Airways will configure the E195-E2 with 134 seats in a single class layout, while their E190-E2s will have 110 seats.

The E195-E2 burns 10% less fuel per flight, emits 30% less CO2 per passenger, and is 48% quieter than the E190 aircraft it replaces in Helvetic’s fleet.

Helvetic Airways CEO, Tobias Pogorevc, said, “The Embraer E195-E2 strikes a good balance between seating capacity, range, fuel consumption and environmentally friendly operation. With between 120 and 150 seats, it has virtually no competition in the regional aircraft segment. Operating a single fleet – in terms of cockpit – with varying seating capacities will enable us to expand our organisation’s operational flexibility and autonomy.”

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