Azorra and Embraer have finalized a firm agreement for 15 Embraer E195-E2 aircraft, with the leasing company also holding purchase rights for an additional 15 jets. This newest commitment represents the third expansion of Azorra's initial E2 order, which was first placed in December 2021.
With the latest firm tranche, Azorra's confirmed E2 orders total 54 aircraft, up from 39 before this expansion. Embraer said the transaction pushes the cumulative E2 orders for the program beyond 500 aircraft, a milestone the manufacturer highlighted as a marker of the model's market traction.
Embraer reported that more than 200 E2 jets are currently in operation across 24 airline customers, indicating the type has moved into active service with a sizeable customer base.
John Evans, chief executive officer of Azorra, said the firm's additional investment signals robust airline demand for aircraft that are right-sized and fuel-efficient. He noted the E2 family brings operational and economic benefits to carriers, reinforcing Azorra's decision to expand its E2 fleet commitments.
Arjan Meijer, president and CEO of Embraer Commercial Aviation, characterized Azorra as an important partner for the E2 program's global rollout and described the program's order tally surpassing 500 as evidence of rising momentum for fuel-efficient aircraft.
Embraer describes the E195-E2 as its largest commercial model. The jet uses a two-by-two seating layout without middle seats, a configuration the company highlights in communications about the type.
Embraer will include the new order in its 2026 second-quarter financial results and backlog, per company guidance.
Context and implications
The transaction updates Azorra's cumulative firm E2 position and contributes to Embraer's program-level order milestone, while leaving open the possibility of further expansion via the 15 purchase rights Azorra holds. The details provided focus on firm order counts, current in-service fleet size, and intended financial reporting timing for Embraer.