Embraer closes billion-dollar contract with TrueNoord for 20 regional jets.
The $1,8 billion deal includes options for 30 more aircraft and expands the Brazilian manufacturer's presence in the leasing market.
247 - Embraer announced the sale of 20 E195-E2 aircraft to the Dutch leasing company TrueNoord, in a contract valued at US$1,8 billion at list prices. This information was released by the portal [website name missing]. Brazil Stock GuideThe agreement also provides for purchase rights for up to 30 additional aircraft — 20 units of the same model and 10 E175-E1s — representing TrueNoord's first direct acquisition from a manufacturer.
According to the report from the Brazil Stock GuideThe deal marks a strategic advancement for TrueNoord, which seeks to consolidate itself as a global platform specializing in the leasing of next-generation regional aircraft. For the company's CEO, Anne-Bart Tieleman, the transaction represents a watershed moment. "This order marks a new phase for TrueNoord as we continue to grow as a global leasing platform specializing in next-generation, fuel-efficient regional jets," she stated.
TrueNoord's global expansion
Based in Amsterdam, the company is backed by investors such as Patria, BlackRock, and Freshstream. Until now, its portfolio consisted mainly of turboprops and regional jets from manufacturers such as ATR, MHIRJ, De Havilland, Airbus (A220), and Embraer itself. The lessor's business strategy prioritizes a diversified, flexible, and liquid fleet, adapted to the needs of airlines operating aircraft with between 50 and 150 seats.
Trust in the E2 family
Arjan Meijer, president of Embraer Commercial Aviation, highlighted that the deal reinforces the credibility of the E2 family and the pursuit of sustainable aircraft. “The agreement demonstrates strong confidence in the E2 family and highlights the growing demand for smaller, sustainable narrowbodies. The E195-E2 offers exceptional performance and efficiency — it is the perfect choice for lessors and operators preparing their fleets for the future,” he stated.
The contract also expands Embraer's participation in the competitive leasing market, at a time when manufacturers are vying for space amid increasing demand for more efficient and flexible aircraft.
