Embraer revealed on Monday at the Dubai Airshow a new customer for the E175 jet, the most successful commercial aircraft in its history. Nigeria’s Overland Airways signed an agreement to receive three aircraft, plus three purchase options.
The first E175 will be delivered in 2023 and will be configured with 88 seats in a premium-class cabin configuration. The contract value is $299.4 million at list prices.
“We are confident that this is the right moment to invest, as regional aviation is on an optimistic post-pandemic recovery. Our customers will enjoy all comfort in the E175, and we appreciate our partnership with Embraer,” said President and CEO of Overland Airways, Capt. Edward Boyo.
“Wwe are proud of this partnership with Overland and to support their regional expansion. We are seeing growing long-term demand for rightsized aircraft to deliver profitable domestic connections in Nigeria,” said Cesar Pereira, Vice-president for Europe, Middle East and Africa, Embraer Commercial Aviation.
Overland Airways is a small regional airline in Nigeria that primarily operates ATR turboprops. The company, however, has an ERJ 145 that was originally received by the country’s government and has been in its fleet since 2015.
The new agreement for an African company reinforces the importance of the region for the Brazilian planemaker, which has obtained good contracts in recent years in this market.