Deal Includes Additional 50 Options And Marks The Introduction Of E-Jets Family To ILFC Fleet

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc., announced Monday that it has signed a letter of intent, subject to final agreement, for the purchase of 50 E-Jets E2 aircraft from Embraer, including 25 E190-E2 and 25 E195-E2. The deal also includes options for an additional 50 aircraft, and marks the introduction of the E-Jets Family to the company’s diverse aircraft fleet.

“The addition of the E-Jets E2 to our fleet is an exciting prospect, and we look forward to developing our relationship with Embraer,” said ILFC Chief Executive Officer Henri Courpron. “We are constantly listening to our customers with the objective of executing on our commitment to offer the most suitable aircraft for their needs. These new aircraft would bring value and operational efficiencies to our customers and further position ILFC as the most responsive and resourceful aircraft lessor today.”

“The ILFC’s order demonstrates the huge potential the company sees in the market and this airplane family,” said Paulo Cesar Silva, President and CEO, Embraer Commercial Aviation. “We thank ILFC for becoming a new E-Jets customer and for endorsing the E2 program. As the launch customer for the E2, among leasing companies, ILFC’s global footprint and its diversified operator base will ensure access of even more airlines around the world to the airplanes.”

Deliveries of the new aircraft are expected to begin in January 2018 and complete in 2023. The E-Jets E2 are configured with new aerodynamically advanced wings, new engine, full fly-by-wire flight controls, and advancements in other systems, which will result in double-digit improvements in fuel burn, maintenance costs, emissions, and external noise.

FMI: www.ilfc.com, www.embraer.com.br