Overview
- Avelo placed a firm order for 50 E195‑E2s with purchase rights for 50 more, a deal valued at $4.4 billion at list prices.
- First aircraft arrive in the first half of 2027, and Avelo says it plans to take E2s through 2032.
- The E195‑E2s will join Avelo’s 22 Boeing 737NGs as a dual fleet, with the airline planning to phase out its 737‑700s over time while keeping 737‑800s.
- Avelo cites the E2’s Enhanced Takeoff System, fuel efficiency, low noise, 2×2 seating, and roughly 140-seat layout as enablers for right‑sized service at constrained airports.
- The announcement follows Avelo’s largest post‑launch funding round, and reporting indicates Embraer is providing debt financing for pre‑delivery payments.