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TheStreet Open House

Aurigny Air Services Goes Jet With The E195

Stocks in this article: ERJ

SALZBURG, Austria, Oct. 3, 2013 /PRNewswire/ -- Guernsey-based regional carrier Aurigny Air Services has signed a firm contract with Embraer Commercial Aviation for one E195 jet. The transaction was announced today at a press briefing in Salzburg at the annual general meeting of the European Regions Airline Association (ERA – www.eraa.org). The firm order will be included in Embraer's 2013 third quarter backlog. Delivery is scheduled in the first semester of 2014.

The E195 is the first jet aircraft to be added to the Aurigny Air Services fleet. The airline currently flies turboprops on six daily frequencies on its principal route between the London Gatwick Airport and Guernsey. With 122 slim seats in single-class layout, the E195 will enable the carrier to increase the number of daily flights to eight and offer much-needed additional capacity.

"The E195 has proven to be an ideal aircraft for high-volume, high-frequency markets," said Paulo Cesar Silva, President & CEO, Embraer Commercial Aviation. "I'm confident Aurigny will appreciate the E195's low operating costs and high reliability when it introduces the jet on its flagship route."

"The acquisition of the E195 is a major step forward for our company," said Mark Darby, CEO of Aurigny Air Services. "The London Gatwick route is very important for us. We've been mandated by the State of Guernsey to increase capacity and upgrade the quality of our overall service so we decided to move up to a jet. The E195 was the natural choice."

Since they entered revenue service in 2004, the E-Jets family has received more than 1,300 orders. The company recently delivered the 1,000 th production aircraft to Republic Airways of the USA. Currently, E-Jets are flying with 64 airlines from 45 countries. In Europe, 24 airlines have added E-Jets to their fleets. The versatile 70- to 130-seat, four-aircraft family is flying with low cost airlines, regional and mainline carriers. Collectively, the E-Jets fleet has accumulated more than 10 million flight hours.

About Aurigny Air Services

Aurigny Air Services was launched in 1968. Today, the Guernsey Airport based operator employs around 290 staff throughout the Channel Islands, UK and France. Aurigny which carried its nine millionth passengers early this year deploys turboprop aircraft on scheduled services between Guernsey, Jersey and Alderney, and to destinations in the UK and Continental Europe.

Follow us on Twitter: @EmbraerSA

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