TrueNoord has placed a firm order agreement with Embraer, which includes the purchase of twenty new E195-E2. Alongside this, the agreement also includes the purchase rights for up to twenty new E195-E2 aircraft and up to ten new E175-E1 aircraft.
TrueNoord- Embraer agreement
TrueNoord is a specialist regional aircraft leasing company which provides financing, fleet transition and management solutions in the 5o to 150 seat capacity range to airlines globally.
On the occasion of this agreement, Anne-Bart Tieleman, CEO of TrueNoord, said:
This landmark agreement represents TrueNoord’s first direct order with an aircraft manufacturer – a milestone in the company’s journey”, “It marks an important stepping stone in our continued growth as a global leasing platform, underlining our commitment to investing in next-generation, fuel-efficient regional jets.”
It is supported by cornerstone investors Freshstream, BlackRock, Patria and others with headquarters in Amsterdam.
“This first direct order from TrueNoord is a strong endorsement of the E2 family’s capabilities and success in the market, and a testament to the trust and collaboration between our teams. The E195-E2 delivers exceptional performance and efficiency, making it the ideal choice for lessors and operators looking to future-proof their fleets. This agreement also sends a strong signal to the market – reinforcing the momentum behind next-generation small narrowbody aircraft and the growing demand for sustainable, right-sized aircraft,” said Arjan Meijer, CEO of Embraer Commercial Aviation.
About Embraer
Embarer is a global aerospace company with its headquarters in Brazil. The company manufactures aircraft for commercial and executive aviation, defence, security and Agricultural Customers.
Founded in 1969, it has delivered more than 900 aircraft. On average, about every 10 seconds, an aircraft managed by Embraer takes off.
This agreement is valued at USD 1.8 billion, which is set to provide great benefits to both companies.
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