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Overland Airways orders 6 Embraer E175s at $299.4 million at Dubai Airshow

 

NIGERIA’S Overland Airways has ordered 6 Embraer E175 in day two of the Dubai Airshow as the Brazilian planemaker Embraer booked its first order of the Airshow.

Overland announced a firm order for three new Embraer E175 regional jets, plus rights for the purchase of a further three. The customer is Overland Airways, a scheduled and charter operator based in Nigeria.

The deal is worth $299.4 million, at list prices, if all purchase rights are exercised.

Embraer’s customer is Overland Airways, a scheduled and charter airline operating out of Ikeja, Lagos State.

Speaking at today’s Dubai Airshow, president and CEO of Overland Airways, Capt. Edward Boyo, said,

“We are confident that this is the right moment to invest, as regional aviation is on an optimistic post-pandemic recovery.

Our customers will really enjoy all comfort in the E175, and we appreciate our partnership with Embraer.”

The aircraft will be delivered with a premium class cabin configuration and 88-seats from 2023.

Vice-president for Europe, Middle East and Africa at Embraer Commercial Aviation, Cesar Pereira, commented on the order,

“We are proud of this partnership with Overland and to support their regional expansion. We are seeing growing long-term demand for rightsized aircraft to deliver profitable domestic connections in Nigeria.”

The E175 is Embraer’s smallest of the E-jet family, and the only one not to have been reworked into the new technology E2 configuration. It’s proven to be a popular aircraft during the pandemic, offering incredible efficiency and the right sort of capacity for the depressed market size.

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