Avelo Airlines has placed a firm order for 50 Embraer E195-E2 aircraft with purchase rights for 50 more, the airline announced Wednesday.
The order is valued at $4.4 billion at list prices, not including the optional aircraft. Deliveries are scheduled to begin in the first half of 2027.
The deal positions Avelo as the first U.S. carrier to operate the E195-E2, Embraer’s largest commercial jet.
Avelo CEO Andrew Levy said the new aircraft will fit well with the carrier’s focus on offering affordable and convenient service across the U.S.
“Our customers will love the E2’s comfortable 2×2 seating, in-seat power ports, large overhead bins, and quiet cabin,” Levy said in a statement.
The ultra-low-cost carrier currently operates an all-Boeing 737 fleet. It recently received a second round of funding, its largest since starting in 2021.
