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Egyptian Lessor CIAF Signs Firm Order for Three Embraer E190s
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At the Dubai Airshow, Cairo-based lessor CIAF ordered three E190s for its Embraer E-Jets fleet, with deliveries slated for Q4 2020.
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At the Dubai Airshow, Cairo-based lessor CIAF ordered three E190s for its Embraer E-Jets fleet, with deliveries slated for Q4 2020.
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Embraer (Pavilion A47) and Cairo-based CIAF Leasing signed a firm contract for three E190 airliners on Sunday at the Dubai Airshow, valued at $161.4 million at current list prices, with delivery slated for Q4 next year. 


“The three new E190s will be an excellent addition to our growing fleet of Embraer E-Jets,” said Hassan Mohamed, CIAF’s chairman and CEO. “With a fleet of E170s, E190s, and E195s, CIAF will have the flexibility to offer our wet and dry lease customers a service that fits their needs exactly.”


In addition to growing its fleet, CIAF received an air operator certificate in June, allowing the company to provide charter services in addition to its aircraft leasing business.


With some 1,500 E-Jets delivered to date, the 70- to 150 passenger family is flown by 80 operators in 50 countries.


“It’s a pleasure to work with an organization that’s going from strength to strength by exploiting the benefits a family of aircraft can provide," said Raul Villaron, Embraer Commercial Aviation’s v-p of sales, Africa and the Middle East.

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474
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James Wynbrandt
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