Azorra EmbraerE2
PR: São José dos Campos, Brazil, June 5, 2026 – Embraer and Azorra have signed an additional firm order for 15 E195-E2 aircraft, with purchase rights for 15 additional jets, further strengthening the long-standing partnership between the two companies.
With this new agreement, Azorra’s total firm E2 orders increase from 39 to 54 aircraft, reinforcing growing demand and confidence in small narrowbody aircraft. This marks the third increase to Azorra’s original E2 order, first placed in December 2021.
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Start My Test Flight →The order also marks a milestone for Embraer’s E2 program, taking the total number of E2 orders beyond 500 aircraft. Since entering service, the E2 family has continued to build momentum with more than 200 aircraft in operation and 24 airline customers, allowing them to right-size capacity, improve fuel efficiency, and enhance passenger comfort.
John Evans, Chief Executive Officer of Azorra, said: “Our continued investment in Embraer’s E2 family reflects the strong demand we are seeing from airlines around the world for right-sized, fuel-efficient aircraft that deliver operational, economic and network planning advantages to our airline customers. The E2 has proven to be an ideal solution for airlines seeking to open new markets and modernize their fleets while enhancing the passenger experience and strengthening their brands.
As an early supporter of the program, Azorra has worked closely with Embraer and Pratt & Whitney to expand the E2 customer base and bring the aircraft to new operators across multiple regions around the world. We are proud to further strengthen our partnership with Embraer through this order and to play a role in the E2 program surpassing 500 orders. With this transaction, Azorra’s firm E2 orderbook also surpasses 50 aircraft—two important milestones that reflect both our confidence in the program and the growing global momentum behind this exceptional aircraft.”
Arjan Meijer, President and CEO of Embraer Commercial Aviation, said: “Azorra has been an important partner in the global success of the E2, and this latest order is another strong endorsement of the aircraft’s outstanding economics, performance and passenger appeal. Surpassing 500 E2 orders is a proud moment for Embraer and reflects the growing momentum behind right-sized, fuel-efficient aircraft.”
The E195-E2 is Embraer’s largest commercial aircraft and is recognized for its low fuel burn, reduced emissions, quiet operation, high reliability and outstanding passenger experience. Its two-by-two seating configuration means no middle seats, offering passengers more comfort while giving airlines the flexibility and efficiency needed to serve a wide range of markets.
This new order from Azorra will be added to Embraer’s 2026 second-quarter results and backlog.
Analysis
- The deal is important on two levels. First, Azorra is adding to its E2 orders because they have confidence in the aircraft. Second, Embraer’s E2 is picking up critical support.
- Consequently, you have a lessor acting as a market maker, and no lessor wants an asset they can’t market with confidence.
- Context is critical in understanding this industry. Here’s some history.
- Pre-Azorra Roots (Jetscape Era, 2007+): Azorra’s leadership (notably CEO John Evans) has deep ties via Jetscape Aviation Group. In December 2007, Jetscape became the first independent lessor to commit to Embraer’s original E-Jet program (E170/E175/E190/E195). This helped establish the E-Jet family’s global footprint with over 80 operators.
- Azorra’s Early Direct Involvement (2016): Azorra’s first new aircraft was an Embraer Phenom 300 business jet acquired directly from Embraer in December 2016.
- E2 Order (2022): Azorra placed a significant order for 20 firm Embraer E190/195-E2 aircraft (with options for 30 more), valued at ~$3.9 billion at list prices. Deliveries began in 2023. This built on their existing portfolio of ~21 Embraer aircraft at the time. Embraer Commercial’s CEO, Arjan Meijer, highlighted Azorra’s customer-focused approach.
- Azorra specializes in regional and small narrowbody aircraft, with a strong emphasis on the Embraer E-Jet family (both E1 and E2 variants). They actively:
- Lease and deliver new E2s to airlines worldwide (e.g., Virgin Australia — Australia’s first E190-E2; Scoot; Royal Jordanian; Hunnu Air; Airlink; Azul; Porter Airlines; One Airways; Star Air; Air Serbia).
- Acquire and remarket used E-Jets (e.g., portfolios from JetBlue, DAE, and others).
- Support sale-leaseback deals (e.g., with Porter Airlines).
Azorra and Embraer are core partners. Their relationship evolved from pioneering E-Jet leasing in the late 2000s to major new-generation E2 orders and ongoing portfolio management today. This aligns with Azorra’s focus on regional/crossover aircraft.
The order for the E195-E2 confirms this is now Embraer’s most important commercial model. It used to be the E175. That jump in the segment is important. It signals where Embraer is headed, and Azorra is a key partner in that process.
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