Overview
- The firm order covers 50 E195‑E2s with purchase rights for 50 more, a deal valued at $4.4 billion at list prices before typical discounts.
- Deliveries are scheduled to begin in the first half of 2027, marking a major expansion beyond Avelo’s current fleet of about 22 Boeing 737NGs.
- Avelo says the E195‑E2s will complement its 737s and improve unit costs while enabling access to constrained airports and longer‑range routes.
- Embraer and Avelo highlight short‑field performance via the E2TS system, quieter cabins, 2x2 seating, in‑seat power and larger overhead bins as passenger and operational benefits.
- The order follows Avelo’s announcement of its largest funding round since launch, with the airline declining to disclose the investor or amount, as industry context notes the E2 has trailed Airbus’s A220 in sales.