Nordic Aviation Capital Agrees To Launch Embraer E-Jet Conversion Freighters

Denmark-based aircraft leasing company Nordic Aviation Capital (NAC) has signed an agreement to be a launch customer for Embraer’s (NYSE: ERJ) first passenger-to-freighter converted E-Jets.

Thom Patterson

Wednesday, May 11, 2022 at 11:17 AM ET

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NAC’s first passenger-to-freighter E-Jet is scheduled for delivery in 2024. [Courtesy: Embraer]

Key Takeaways:

Nordic Aviation Capital (NAC) has signed an agreement to be a launch customer for Embraer's new passenger-to-freighter (P2F) converted E-Jets.
Embraer will convert up to 10 of NAC's E190s and E195s, aiming to fill a market gap for cargo aircraft between turboprops and larger narrowbodies, driven by e-commerce growth.
The E-Jet freighters offer significantly higher cargo capacity and range than large turboprops, along with lower operating costs compared to narrowbodies, with the first delivery scheduled for 2024.

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Denmark-based aircraft leasing company Nordic Aviation Capital (NAC) has signed an agreement to be a launch customer for Embraer’s (NYSE: ERJ) first passenger-to-freighter (P2F) converted E-Jets.

Embraer announced the deal Monday, two months after the unveiling of its converted aircraft program. The E-Jet freighter program aims to fill a market gap between turboprops and larger narrowbody cargo aircraft.