Embraer Inks First Deal for Passenger to Freighter E-Jet Conversions

Monday, June 27, 2022 at 05:03 PM ET

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The deal follows a lease agreement in May with Nordic Aviation Capital (NAC) for up to 10 conversion slots for E190F/E195F. [Courtesy: Embraer]

Key Takeaways:

Embraer secured its first firm contract for 10 E-Jets Passenger-to-Freight (P2F) conversions from an undisclosed customer.
This follows a previous agreement with Nordic Aviation Capital for up to 10 conversion slots, highlighting growing market interest.
The E-Jets P2F conversions aim to fill a market niche between turboprops and larger narrow-body freighters, offering greater capacity and range than turboprops at lower operating costs than larger aircraft.
Conversions will be performed at Embraer's Brazilian facilities, involving modifications such as a main deck cargo door, reinforced floor, and updated air management systems, enabling payloads of up to 27,100 pounds.

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Airplane manufacturer Embraer (NYSE: ERJ) announced that it signed its first contract with an undisclosed customer for 10 of its Embraer E-Jets Passenger to Freight (P2F) conversion aircraft, a model announced by CEO Francisco Gomes Neto during the company’s first quarter earnings call in April.

The deal follows a lease agreement in May with Nordic Aviation Capital (NAC) for up to 10 conversion slots for E190F/E195F.

Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.