In fewer than the six years since it started flying, Brazil’s Azul Linhas Aéreas has grown to capture one third of the country’s domestic market, serves 104 cities and is the nation’s third largest airline. It currently operates 82 E190s and E195s (with eleven more on order) and has the largest fleet of E195s in the world.
With a Letter of Intent for up to 50 new E195-E2s announced at the Farnborough Air Show today, Azul is poised to grow again. The LOI is for 30 firm aircraft with purchase rights for an additional 20. The LOI also makes Azul the launch customer for the E195-E2. The LOI is expected to be finalized in the fourth quarter of this year.
With its predominantly E-Jet fleet, the carrier has focused on serving secondary markets with high-frequency, nonstop flights that have brought affordable air travel to consumers, many of whom have never flown before.