Virgin Australia replaced four Embraer E190-E2 aircraft on order with leases from Azorra

The carrier had ordered eight aircraft last August, but the order was changed in the manufacturer’s backlog released in February
Virgin Australia E190-E2 rendering (Embraer)
Virgin Australia E190-E2 rendering (Embraer)

Embraer did not have any new commercial aircraft agreements in the 4th quarter of 2024, remaining with the same 1,277 orders for the E175, E190-E2 and E195-E2 models as in the previous quarter.

There was one change, however, with the withdrawal of four E190-E2s from an order from Virgin Australia, which had ordered eight aircraft in August last year.

At the same time, the lessor Azorra saw its E190-E2 order list go from 12 to 16 aircraft. The move prompted us to contact the US-based leasing company to find out if there was any agreement between them.

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Azorra can confirm that it has four operating leases with Virgin Australia,” the lessor said on Wednesday, without clarifying details of the transaction.

It is possibly a “sale and leaseback” transaction, in which the carrier transfers ownership of the aircraft but keeps them in its fleet through leasing.

This is what Porter Airlines, the Canadian airline that has the largest fleet of E2 jets in the world, with 43 E195-E2s, did, and which closed deals with Azorra in 2021 and 2022.

Porter Airlines E195-E2 (Porter Airlines)

Aircraft for charter

Virgin Australia, which has already flown first-generation E-Jets in the past, will receive the first E190-E2 in October.

Unlike other customers, the jets with just over 110 seats will be used for charters, a very common service in the country.

The E190-E2s will replace the older Fokker 70/100s, most of whose fleet has been decommissioned, reducing emissions by 30%.

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