Azul Postpones 59 Embraer E195-E2 Deliveries to 2024

Azul, Brazil's third-largest airline, announced today it had reached an agreement with Embraer to postpone the delivery of 59 Embraer E195-E2s it planned to receive between 2020 and 2023. By the amended deal, these jets will be delivered starting from 2024 only. This deal comes as another measure taken by the company to face the COVID-19 pandemic, which brought demand abruptly down. The E2 was supposed to be the backbone of Azul's domestic network strategy in the upcoming years, with…