CAIRO: CIAF LEASING SIGNS ORDER FOR 3 EMBRAER E-190 JETS

Embraer and CIAF Leasing have signed a firm order for 3 Embraer E-190 aircraft.

“The three new E190s will be an excellent addition to our growing fleet of Embraer E-Jets – said at Spazio-News Magazine Hassan Mohamed, Chairman & CEO of CIAF Leasing -. With a fleet of E170s, E190s, and E195s, CIAF will have the flexibility to offer to both our wet and dry lease customers a service that fits their needs exactly.”

The deal has a value of USD 161.4 million at current list prices and will be added to Embraer’s IV quarter backlog.

The three new aircraft will join CIAF’s existing fleet of 3 E-170s, two of which are on lease with Jasmin Airways, the other with Air Cairo. CIAF are also due to receive 2 E-195s in mid-November.

“CIAF is rapidly increasing its footprint in both wet and dry leasing with the addition of further aircraft to their fleet and the establishment of their own AOC – Air Operator Certificate in June this year – Raul Villaron, Vice President Sales, Africa and Middle East, Embraer Commercial Aviation said -. It’s a pleasure to work with an organisation that’s going from strength to strength by exploiting the benefits a family of aircraft can provide.”

All 3 aircraft will be delivered in the IV quarter of 2020, in a new livery showing off CIAF’s new visual identity.