November 18, 2019: Cairo-based CIAF Leasing has signed a firm order for three E190 aircraft.
As of current list prices, the deal is worth $161.4 million and will be added to Embraer’s fourth-quarter backlog.
The orders were signed at the Dubai Air Show.
The three new aircraft will join CIAF’s existing fleet of three E170s, two of which are on lease with Tunisian startup Jasmin Airways, and another one with Air Cairo, a low-cost airline in Egypt.
CIAF is also due to receive two E195s in mid-November.
Hassan Mohamed, chairman and CEO of CIAF Leasing said, “The three new E190s will be an excellent addition to our growing fleet of Embraer E-Jets.
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