The Brazilian aircraft manufacturer announced a definite order for three new E175 aircraft, plus three purchase rights for the same model, from Overland Airways of Nigeria. The 88-seater aircraft will start arriving in 2023. The deal is valued at USD 299.4 million at list price.
These aircraft will enable for more domestic flights and regional itineraries. Capt. Edward Boyo, president and CEO of Overland Airways, said, “We believe now is the time to invest, as regional aviation recovers from the pandemic. Our clients will love the E175, and we value our relationship with Embraer.”
EMEA Vice-President, Embraer Commercial Aviation Cesar Pereira stated, “We are happy to cooperate with Overland and help them expand regionally. We are seeing an increase in long-term demand for profitable domestic connections in Nigeria.”
During the epidemic, numerous regional airlines relied on the E175 to repair networks, increase frequency, and efficiently add capacity to meet slowly returning demand.
In regards to Overland Airways
From Nigeria, Overland Airways provides scheduled and charter flights across West Africa. In 2002, the airline began operations to promote economic growth in Nigeria’s hinterland by offering seamless and reliable air transportation of business and leisure tourists and connecting hub cities and outlying regions. All flights operated by the airline are certified by the International Air Transport Association (IATA), which represents the world’s largest airlines and controls more than 83 percent of all scheduled air traffic in the world.
In terms of commercial planes up to 150 seats, Embraer is Brazil’s foremost manufacturer and supplier of high-quality commodities.