Luxair, Aerolineas Argentinas to add Embraer's E195-E2 to their fleets

Aerolineas Argentinas and Luxair said on Wednesday they will buy Embraer's E195-E2 jet for their fleets, helping ease investor concerns about demand for the Brazilian planemaker's largest commercial aircraft. Luxembourg-based Luxair placed a firm order for four E195-E2 planes and secured delivery positions for five more, while the Argentine flag carrier said it would add 12 aircraft to its fleet as replacements for its Embraer 190 jets. Embraer shares ended the day up 0.5%, outperforming Brazil's benchmark stock index Bovespa, which rose 0.3%. The E195-E2 is the largest aircraft in Embraer's E-Jet family of regional jets, accommodating up to 146 seats. Operators include Azul , KLM and Porter Airlines. The Luxair announcement marks a significant fleet shift for the company, which flies only Boeing 737 jets and De Havilland turboprops. The companies did not reveal price details but multiple analysts estimated Luxair's firm order for planes set to be delivered from Q4 2025 to be worth $300m. Aerolineas Argentinas said deliveries of its 12 E195-E2 aircraft would start next year and end in 2026. "With this deal we manage to modernize our fleet, increase productivity and reduce costs per seat," said the carrier's CEO Pablo Ceriani.<br/>