ATW Daily News
BA orders 11 E-jets for CityFlyer
Tuesday December 23, 2008British Airways placed a firm order for six E-170s and five E-190SRs, plus options on a further three 190SRs, for its wholly owned BA CityFlyer regional subsidiary.
The firm aircraft are worth $376.5 million at list prices "based on January 2008 economic conditions," and the deal could reach $489 million if all options are confirmed, Embraer said.
The E-jets will operate out of London City and replace CityFlyer's current fleet of 10 Avro RJ100s and two RJ85s. The first 76-seat 170 is scheduled for delivery in the second semester of 2009. The 190SR will seat up to 98. Both types will feature a single-class layout.
"Having the combination of the Embraer 170s and 190SRs in the same fleet will give us greater flexibility, enabling us to match capacity with demand on routes within our existing and future network," CityFlyer MD Peter Simpson said. The airline signed up for the Embraer Pool Flight Hour Program for 10 years.
by Cathy Buyck
Other headlines:
- China Eastern acquires Shanghai Airlines for $1.32 billion
- Virgin CEO admits he knew about BA collusion
- Court approves Republic's Frontier bid
- British Airways pilots ratify concessions
- ANA share sale to net $1.53 billion
- US cost index falls 22% but losses continue
- Brazil moves to raise foreign investment cap
- US DOT 'not persuaded' by DOJ, grants ATI to CO/Star with limited carve-outs
- EC: Lufthansa's latest AAG takeover proposal 'worse'; approval by July 31 unlikely
- Air France reviewing 'every factor' that could have caused AF447 crash

