Flybe orders 35 new planes worth £850 million
Flybe orders 35 new planes worth £850 million
Tuesday 20th July 2010
The budget airliner Flybe has announced plans to add 35 planes to its fleet as part of plans to extend its growth across Europe.The order - worth £850 million - will see the airline introduce more 88-seater Embraer 175 jets; scheduled to be delivered in September 2011.
The deal was announced as part of a number of orders unveiled this week at Farnborough, the world's largest air show.
Flybe said the deal also allowed it options for 65 more aircraft and purchase rights for a further 40.
The airline is Europe's largest regional airline and the UK's largest domestic airline.
Jim French CBE, Flybe chairman and chief executive said: "Flybe is delighted to announce this significant $1.3 billion order of 35 Embraer 175 aircraft. In doing so, we are securing an aircraft that fits with our stated aim of furthering our position as the leading regional airline in Europe.
"The 175 will allow us to preserve our two fleet strategy and the economic and environmental performance of the aircraft is in line with Flybe's policy of only buying A and B rated eco-label aircraft as part of its commitment to invest in lower emission new technology aircraft."
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