Avelo orders up to 100 Embraer E195‑E2s to modernize fleet, reduce cost, and fuel growth

Avelo Airlines placed a firm order for 50 Embraer (NYSE: ERJ; B3: EMBR3) E195‑E2 aircraft, with purchase rights for 50 more, supporting the airline’s strategy to deliver affordable and convenient travel across the United States. Aircraft deliveries are expected to begin in the first half of 2027. The list-price value of the order is US$4.4 billion, excluding purchase rights.

Avelo will be the first U.S. carrier to operate Embraer’s largest and most advanced commercial aircraft, making this a significant milestone for Embraer’s flagship E2 program. The E195‑E2s will modernize Avelo’s fleet, complementing its Boeing 737NGs for the foreseeable future while improving cost efficiency and network reach. 

The E2’s excellent short-field performance, enabled by E2TS (Embraer Enhanced Takeoff System), Embraer’s first of its kind proprietary technology, is a key capability that will open new markets for Avelo and drive efficiency in many of Avelo’s existing airports. This, along with the aircraft’s range, fuel efficiency, and small noise footprint establish it as the ideal aircraft to expand Avelo’s network. 

Avelo Airlines Founder and CEO Andrew Levy commented: “We are thrilled to partner with Embraer and bring this best-in-class small narrowbody airplane to the United States marketplace. Our customers will love the E2’s comfortable 2x2 seating, in-seat power ports, large overhead bins, and quiet cabin. The aircraft’s exceptional performance, size, and efficiency make it the perfect choice for the future growth of our scheduled service network. The airline industry in the United States is evolving, and the E2 fits perfectly with our vision for Avelo’s unique role in that evolution.”

Arjan Meijer, President and CEO, Embraer Commercial Aviation stated: “The E195‑E2 is a game‑changer for airlines that want to grow profitably while elevating the guest experience. Avelo complements its narrowbody fleet with the best-in-class E195-E2.  Its exceptional fuel efficiency, quiet operations, and short‑field capability will unlock new markets and optimize capacity across its network - all with a cabin that passengers truly  love.”