Colorful Guizhou Airlines has signed an agreement for up to five E190s, including two firm orders and three purchase rights. The firm order will be included in Embraer’s 2016 third-quarter backlog. The contract has an estimated value of US$249 million at the current list price, if all purchase rights are exercised. The two aircraft will be delivered in 2017.
In June 2015, during the 51st International Paris Air Show, Colorful Guizhou Airlines placed an order for seven firm E190s, four of which have already been delivered.
Zhai Yan, Chairman of Guizhou Industrial Investment (Group) Co., Ltd and Chairman of Colorful Guizhou Airlines, said the company has built profound confidence in Embraer’s products and services. “As a newly-established and the first locally-owned airline in Guizhou province, Colorful Guizhou Airlines needs mature aircraft and services to guarantee our steady operation. Based on the aircraft’s performance during the past eight months, we are glad we picked Embraer’s E190, an aircraft model with good economy, unparalleled cabin comfort, and high reliability, which has enabled us to provide passengers with a good travel experience. We hope that the E190 fleet can help us build a sky passageway inside and beyond Guizhou province, and eventually contribute to improving the connectivity of China’s Southwest Region.”
“Colorful Guizhou Airlines’ decision to purchase more E190s means a lot to Embraer,” said Guan Dongyuan, Senior Vice President of Embraer and President of Embraer China. “It is not only a recognition of our aircraft already in operation, but also a demonstration of the sincere trust between Embraer and Colorful Guizhou. As a manufacturer, as well as a service provider, Embraer China team will continue to be devoted to customer services and support, to safeguard the smooth operation of our customers. We deeply appreciate Colorful Guizhou’s trust and Embraer will be a loyal partner of Colorful Guizhou along this road to a brighter future.”