KLM Expands E195-E2 Introduction Plan

KLM Royal Dutch Airlines closed agreements with Embraer and two leasing companies to add up to 35 Embraer E195-E2 aircraft to the fleet of its KLM Cityhopper subsidiary. This action supplants the Letter of Intent it signed during the Paris Air Show last June that covered orders for fifteen aircraft plus options for another 20.

Aircastle, a Connecticut-headquartered leasing company, will lease at least eleven aircraft of that model. ICBC Aviation Leasing, a Hong Kong-based lessor, will lease a minimum of ten aircraft. Deliveries are scheduled between 2021 and 2024.

The Air France–KLM Group revealed new details about its long-term strategy last week. According to the company’s chief executive officer, Ben Smith, KLM will capitalize upon its strong international network and grow its capacity for travelers connecting at Amsterdam Airport Schiphol.

Sources: Aircastle; PR Newswire