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AerCap confirms placement of five E-Jets E2 to Borajet Airlines

Oct 06, 2016

AerCap Holdings NV today announced it has confirmed placement of three Embraer E190-E2s and two E195-E2s to Turkish carrier, Borajet Airlines. The aircraft, on long term lease from AerCap’s order book with Embraer, will begin delivering to Borajet Airlines in 2018. The announcement was made at the Istanbul Airshow.

AerCap is the launch lessor customer of Embraer’s E-Jets E2 second generation of this family of commercial aircraft with a total of 50 Embraer E190-E2s and E195-E2s on order.

AerCap Head of EMEA Leasing, Kenneth Wigmore, said, “We are pleased to confirm our lease of five E-Jet family aircraft to Borajet Airlines and especially pleased to be the launch lessor customer of the aircraft type. The E-Jets E2 aircraft offer greater capacity and operational efficiency which will support Borajet’s growing network. We look forward to continuing to work with the Borajet team as the airline optimizes its fleet.”

Fatih Akol, Chairman of Borajet Airlines, said, “We are the fastest growing regional airline in Europe. We are adding to our fleet because of this success which is based on our strategy and the operation of current generation Embraer Jets. Borajet’s future plans include the addition of further next generation Embraer aircraft to our fleet. Our target investment is USD 1.5 billion. The first step of our investment is the induction of the five E-Jets E2 jets announced today. Our investment is a proof of our commitment to, and confidence in, the Turkish airline industry. With special thanks to our passengers who have supported us and demanded this growth, we will continue to give our guests the ‘private aircraft comfort’ and quality of service they have learned to expect from Borajet.”

“This agreement opens a new chapter in the relationship between AerCap, Borajet and Embraer. The E2 is the fleet smart solution that maximizes profitability and return on investment for airlines and lessors, while maintaining the leadership in passenger comfort achieved by the current E-Jets generation. For Borajet, the cockpit communality between the E-Jets generations, which requires less than three days of transition, minimises training costs, reduces complexity, and provides greater operational flexibility in aircrew utilisation,” said Arjan Meijer, Vice President, Europe & Middle East, Embraer Commercial Aviation.

AerCap confirms placement of five E-Jets E2 to Borajet Airlines

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