News
China’s Hebei Airlines expands fleet with five Embraer 190s
July 9, 2012, Farnborough, U.K. - China’s Hebei Airlines acquired five more EMBRAER 190s jets to join its E-Jets fleet by the end of 2013, as announced by Embraer. today, during the 2012 Farnborough International Airshow. The total value of the deal, at list price, is USD 226 million. The order has been registered in the Company’s backlog for the second quarter of the year.
July 9, 2012 By Carey Fredericks
“The approval by the Chinese government for Hebei Airlines to aquire
five more E190s indicates their confidence in the E-Jets’ performance
and the jets’ contribution to the development of China’s aviation
industry,” said Paulo Cesar Silva, Embraer President, Commercial
Aviation. “The E-Jets are market leaders in its segment in China and
recognized for their versatility and passenger appeal, and will help
Hebei Airlines to expand its network by exploring new markets and adding
frequencies on existing routes.”
Based in Shijiazhuang, China’s
Hebei Province, Hebei Airlines currently has two E190s in service,
covering eight destinations with around 70 flights per week. The two
jets have maintained healthy operations since their revenue service
began in January 2012, with an average schedule reliability of 99.5% and
100% completion rate, while the daily utilization hours keep
increasing.
“It is exciting to have the government’s approval for
five more E190s. The two jets in operation have maintained exceptional
performance. The approval demonstrates the recognition by the
authorities in Hebei Airlines for its contribution to the development of
the Hebei Province aviation industry and economy. Expanding the E-Jets
fleet fits into our marketing strategy, and we have the confidence that
the right sized E190s with their outstanding economic performance will
contribute to the company’s development,” said Luo Zhanling, Vice
Chairman & CEO of Hebei Aviation Investment Group.
To date,
Embraer has over 60 E190s in service in China since the jet entered this
market in 2008. The Company forecasts that 1005 jets up to 120 seats
will be demanded in the Chinese market in the next 20 years.
The
E190 is the third of four members of Embraer’s E-Jets family. The jet’s
2,400 nautical mile (4,450 kilometer) range gives the 100-seat airplane
tremendous flexibility to operate on city pairs with over 5.5 hours
flight time. Since the first E-Jet went into revenue service in 2004, to
date, the E-Jets family has around 850 aircraft in operation by 61
airlines in 42 countries, worldwide, helping airlines to right size
their fleets, to replace older and inefficient aircraft, and to develop
new markets with lower operating costs.
