Aircastle Signs Firm Order for 25 Embraer E-Jet E2s

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Go back to Aircastle Signs Firm Order for 25 Embraer E-Jet E2s

Aircastle Limited (AYR) Enters Firm Order for 25 Embraer E-Jet E2s and Additional Purchase Rights

June 15, 2015 9:51 AM EDT

Embraer and Aircastle Holding Corporation Limited, which is a subsidiary of Aircastle Limited ("Aircastle") (NYSE: AYR), announced today at the 51st International Paris Air Show a firm order for 25 E-Jet E2s, consisting of 15 E190-E2s and 10 E195-E2s with an additional 25 purchase rights for 15 E190-E2s and 10 E195-E2s, bringing the total potential order to up to 50 aircraft. The transaction will be included in Embraer's 2015 second-quarter backlog.

Aircastle's deliveries are scheduled to begin in 2018 for the E190-E2 and 2019 for the E195-E2 at a rate of... More