hardiwv
Posts: 4341
Joined: Sat Oct 09, 2004 11:30 pm

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 10:53 pm

Brazil's fourth biggest airline BRA will announce today in a press conference the firm order of 40 x E195s, with an option of another 20 x E195s, making this Embraer's third major order in Le Bourget after JAL and LH announcements.

BRA's order has a face value of USD 1.5 billion. and delivery will start in 2008. The jets will have 118 Y seats and financing by the Brazilian Social and Economic Development Bank. BRA will be the only Brazilian airline using Embraer jets. Before the delivery start, BRA will lease 2 x E195 early in 2008. BRA will use the jets to explore the lucrative market between medium sized destinations in Brazil.

BRA will therefore increase competition in the Brazilian market where TAM and VARIG+GOL detain 95% of the domestic market share. BRA's received a major boost in December as it was taken over by a group of investors comprised of Brazil Air Partners - a fund of Bank of America, Gávea Investimentos, Development Capital, Goldman Sachs, HBK Investment and Millenium Americas. BRA is also launching an IPO in about three months.

Rgs,
 
hardiwv
Posts: 4341
Joined: Sat Oct 09, 2004 11:30 pm

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 10:58 pm

 
dougbr2006
Posts: 241
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BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 11:01 pm

Excellent news for EMB and BRA with new birds entering the fleet they will be a respectable competitor for TAM and GOL/Varig
 
AF086
Posts: 506
Joined: Sun Jan 14, 2007 11:45 am

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 11:06 pm

According to Embraer's official press release the agreement is for 20 E195 plus 20 options not 40 + 20 aircraft. Also BRA will get another 2 E195 from GECAS.
Please insert a "smart" joke here.
 
hardiwv
Posts: 4341
Joined: Sat Oct 09, 2004 11:30 pm

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 11:12 pm

Quoting AF086 (Reply 3):
According to Embraer's official press release the agreement is for 20 E195 plus 20 options not 40 + 20 aircraft. Also BRA will get another 2 E195 from GECAS.

Pls read the press release carefully: 20 + 20 + 20. I also mentioned in my first message the lease of another 2 jets...

Rgs,
 
hardiwv
Posts: 4341
Joined: Sat Oct 09, 2004 11:30 pm

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 11:13 pm

 
AF086
Posts: 506
Joined: Sun Jan 14, 2007 11:45 am

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 11:15 pm

Quoting Hardiwv (Reply 4):
Pls read the press release carefully: 20 + 20 + 20.

I am. I quote:

Quote:

Embraer and Brazilian airline BRA Transportes Aéreos have signed a preliminary commercial agreement for 20 firm orders of the EMBRAER 195 jet, plus 20 options. The final contract for this transaction should be finalized,shortly, by both companies.


And the portuguese version of the press release:

Quote:

A
Embraer e a empresa aérea brasileira BRA Transportes Aéreos assinaram acordo comercial preliminar para a compra de 20 jatos EMBRAER 195, com mais 20 opções do mesmo modelo. O contrato definitivo relativo a essa transação deverá ser finalizado, em breve, pelas empresas.

Guess Valor Econômico's journalist got confused with the PR's header.

20 + 20. Which still a major step for brazilian aviation finally we'll have E-Jets flying commercial flights there.

As for the other 2 I was just reinforcing the info.   

[Edited 2007-06-20 16:21:45]
Please insert a "smart" joke here.
 
DAYflyer
Posts: 3546
Joined: Wed Sep 08, 2004 9:35 pm

BRA Orders 20 + 20 E195s

Wed Jun 20, 2007 11:40 pm

A nice score for the airline and the manufacturer. Congratulations to both.
One Nation Under God
 
LipeGIG
Posts: 5048
Joined: Tue May 03, 2005 7:33 am

BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 12:28 am

BRA and Ocean Air just begin a partnership, so i expect they use the birds on their 5 new hubs: GIG, CGB, CWB, BSB and SSA.

Hardi, the press release is clear: 20 plus 20 options. (the thread says "40 + 20")

Nice news as they will be the first E-Jets operators in Brazil.

Felipe

[Edited 2007-06-20 17:32:12]
New York + Rio de Janeiro = One of the best combinations !
 
hardiwv
Posts: 4341
Joined: Sat Oct 09, 2004 11:30 pm

BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 12:34 am

Quoting AF086 (Reply 6):
Guess Valor Econômico's journalist got confused with the PR's header.

20 + 20. Which still a major step for brazilian aviation finally we'll have E-Jets flying commercial flights there.

 checkmark 

Correction requested. Tks for the remark.

Rgs,
 
PPVRA
Posts: 7867
Joined: Fri Nov 12, 2004 7:48 am

RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 1:56 am

Looks like BRA got some big partners to finance this deal!  thumbsup 

Would be absolutely fantastic to see E-jets flying for a Brazilian airline, especially the largest of them all!! Big grin
"If goods do not cross borders, soldiers will" - Frederic Bastiat
 
Summa767
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RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 4:02 am

In the press releases, it says that BRA will acquire an extra 2 763s (Ex RG, PP-VOI and PP-VOJ) for flights to Spain, Portugal, Italy and Morroco (?!)

Given the alliance with OceanAir, I wonder if there is a combined strategy going forward, especially on long haul flights, or if each will do its own?
I would have thought that given the small number of 767s between the BRA and OceanAir, only of the two should run the lot. A slight inconvenient is that the engines OceanAir's are PW, whereas BRA's are GE as I understand it.
 
FMAL
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RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 4:58 am

The new investors in BRA are major investment banks and funds, and that will bring a very professional approach to the airline's management, I believe.

With another very professional and successful businessman in command of OceanAir, and with the new partnership they are developing in Brazil, how long will it take to BRA and Efframovich (OceanAir) to realize that a merger between them will bring a real 3rd force for the country's aviation, one with the necessary financial backing to really confront TAM and Gol?

Just my two cents....
 
LipeGIG
Posts: 5048
Joined: Tue May 03, 2005 7:33 am

RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 5:58 am

Quoting Summa767 (Reply 11):
Given the alliance with OceanAir, I wonder if there is a combined strategy going forward, especially on long haul flights, or if each will do its own?

Summa, the code-share is only for domestic operations. Each one keep their own strategies for international and long haul flights.

Felipe
New York + Rio de Janeiro = One of the best combinations !
 
Neo
Posts: 730
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RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 11:51 am

Good!! Now BRA needs to change that awful livery and develop an new image to go along with those pretty birds and change the impression of cheap, charter airline they have in Brazil.

Rgs

Neo
 
PPVRA
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Joined: Fri Nov 12, 2004 7:48 am

RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 11:56 am

Quoting FMAL (Reply 12):
With another very professional and successful businessman in command of OceanAir, and with the new partnership they are developing in Brazil, how long will it take to BRA and Efframovich (OceanAir) to realize that a merger between them will bring a real 3rd force for the country's aviation, one with the necessary financial backing to really confront TAM and Gol?

What I wonder is if BRA (perhaps Tropical Alliance as well?) will remain a niche player (even if they grow strong) or whether they could present a very real threat for JJ and G3? I'm betting on the niche, but I think it should be a decently-sized market.

edit for pic:



[Edited 2007-06-21 05:08:37]
"If goods do not cross borders, soldiers will" - Frederic Bastiat
 
md90fan
Posts: 2798
Joined: Fri Jul 29, 2005 11:15 am

RE: BRA Orders 20 + 20 E195s

Thu Jun 21, 2007 1:19 pm

Otima news!

Check this video of the RJ E-195

http://www.devanwells.blogspot.com/
 
hardiwv
Posts: 4341
Joined: Sat Oct 09, 2004 11:30 pm

RE: BRA Orders 20 + 20 E195s

Sun Jun 24, 2007 11:30 pm

Quoting MD90fan (Reply 16):
Check this video of the RJ E-195

Nice video.

Quoting PPVRA (Reply 15):
will remain a niche player (even if they grow strong) or whether they could present a very real threat for JJ and G3?

I think the BRA's order already shows that it will focus on traffic from/to middle-sized destinations.

Rgs,
 
FMAL
Posts: 469
Joined: Tue Jan 13, 2004 9:16 am

RE: BRA Orders 20 + 20 E195s

Tue Jun 26, 2007 6:36 am

Quoting PPVRA (Reply 15):
What I wonder is if BRA (perhaps Tropical Alliance as well?) will remain a niche player (even if they grow strong) or whether they could present a very real threat for JJ and G3? I'm betting on the niche, but I think it should be a decently-sized market.

A possibility, for sure. If TAM/Gol consolidate their duopoly to such an extent that they effectively control the Brazilian market (as they do now), BRA/Ocean Air possibly will have to focus on a niche strategy to bring in dividends for their investors/owners. In the end, is all about making money, as it should be.
 
SAOAP
Posts: 142
Joined: Thu Mar 24, 2005 2:29 am

RE: BRA Orders 20 + 20 E195s

Tue Jun 26, 2007 7:51 am

It'll be nice to finally see an E-Jet flying for a brazilian airline again. One thing though: BRA needs to work on a new livery ASAP - could be introduced when (if - I still have my doubts whether will really see this bird) the first E-Jet is delivered.

Cheers!

Marcelo
"When it's dark enough, you can see the stars" - Charles A. Beard