Helvetic Airways upgrades Embraer E2 order

Helvetic Airways ERJ-190E2 aircraft ©AirTeamImages

Helvetic Airways has signed a commitment with Embraer to convert four of its remaining firm orders to the larger E195-E2 aircraft. The original order, for 12 E190-E2s with purchase rights for a further 12, and conversion rights to E195-E2s, was announced in September 2018. Embraer has so far delivered five E190-E2s to Helvetic Airways, and all deliveries of the remaining seven aircraft, including the four E195-E2s, will be completed before the end of 2021, with the majority in the first half of 2021.

The remaining firm order for the seven aircraft to be delivered has a value of US$480 million, based on current list prices. With all the purchase rights being exercised, the deal has a list price of US$1.25 billion.

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