CFIA Aero Leasing Diversifies Its Aircraft Portfolio with the Addition of the First Embraer E190 | New

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DUBLIN – (BUSINESS WIRE) – Sep 16, 2021–

ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and leasing management services, today announced the acquisition of its first Embraer E190. The E-Jet joins the lessor’s growing fleet as the company assesses new investment opportunities as part of a planned expansion into new markets.

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The first Embraer E190 to join CFIA Aero Leasing’s fleet of more than 50 regional passenger and freight aircraft will further support the evolution of the lessor’s portfolio and its aggressive market expansion strategy. (Photo: Business Wire)

The aircraft, configured with 12 business seats and 88 economy seats, will undergo a maintenance period before being offered to potential airline customers.

Sameer Adam, Senior Vice President, Commercial, CFIA Aero Leasing, said this acquisition represents “an important step in advancing our fleet growth strategy. It is a starting point for engaging airlines interested in E190 / E195 aircraft specially designed to cross regional and main operations. It also opens up new opportunities to assess further portfolio enhancements, including the prospect of adding the next-generation E-Jet E2 family aircraft. “

“As a lessor with a clientele established in regional markets, we have already seen the enormous impact of regional aircraft in facilitating the recovery of networks on all continents. We are confident that E-Jets will play a key role in the recovery, especially in the European and North American markets, ”said Adam. “The E-Jet offers the right mix of operational versatility and efficiency to meet the demands of certain major routes and is a good network development tool for airlines struggling to adapt to the environment. post-pandemic. “

The pandemic has triggered fundamental changes that are reshaping air travel habits and the demand for airplanes. Among these implications are the early retirement of older and less efficient aircraft, a preference for smaller, more profitable aircraft to meet weaker demand, and the growing importance of national and regional air networks in restoring service. air.

“We congratulate CFIA on adding the first E-Jet to its fleet,” said Martyn Holmes, CCO, Embraer Commercial Aviation. “This is an important milestone, which builds on CFIA’s successful experience with its ERJ145 fleet, enhancing its portfolio with the highly demanded and global E-Jet family. CFIA’s first E190 represents just the start of its planned expansion into E-Jets to take advantage of new emerging opportunities in regional aviation.

Combining an optimized design with the lowest possible aircraft operating rate to carry the most revenue-generating payload, the E-Jet is the clear leader in the 70-130+ seating segment. E-Jets provide excellent performance with a smaller or similar capacity as narrow-body planes. In addition, with the industry’s growing attention to more efficient and greener aircraft, these first generation jets allow operators to achieve significant improvements in environmental emissions and operational efficiency, both in the air and on the ground.

Mick Mooney, Managing Director of CFIA Aero Leasing, said: “The introduction of the E190 is a stepping stone in the evolution of our portfolio, with the goal of incorporating selected and diverse aircraft types that capture the better the desired operating characteristics. then by airlines whose requirements are continually shaped by market conditions.

Since the early 2000s, CFIA has expanded its fleet to more than 50 regional passenger and freight aircraft, both owned and managed, which include the ATR42 / 72 family, Beechcraft 1900 and Embraer 145.

“We continue to leverage our team’s expertise and in-depth industry knowledge to deliver the most responsive fleet and financing options that effectively meet the needs of our existing and potential customers. Our sales team is committed to building long-term relationships with airlines in all markets, constantly expanding our global customer base, which now consists of 16 operators in 20 countries around the world, ”concluded Mooney.

About ACIA Aero Rental

ACIA Aero Leasing (“ACIA”), a subsidiary of ACIA Aero Capital, is a leading regional aircraft lessors with offices in Ireland, Mauritius, France, Canada and South Africa. CFIA manages a current aircraft portfolio of more than 50 regional passenger and freight aircraft leased to operators in 20 countries around the world. Through our strategic partnerships, CFIA provides airlines with turnkey leasing solutions, from dry leasing to charter operations. www.aciaaeroleasing.com

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CONTACT: Sophie McAuley, Zeevo Group

+1 334 373 4611 // +44 7921 188870 //[email protected]

KEYWORD: NEW YORK EUROPE IRELAND UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: TRANSPORT AIR TRANSPORT TRAVEL

SOURCE: ACIA Aero Leasing

Copyright Business Wire 2021.

PUB: 09/16/2021 9:00 a.m. / DISC: 09/16/2021 9:02 a.m.

http://www.businesswire.com/news/home/20210916005072/en

Copyright Business Wire 2021.


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