SAS places record order for 55 Embraer aircraft to power future growth and regional connectivity

Rhea-AI Summary

Embraer (NYSE: ERJ) has secured a landmark order from Scandinavian Airlines (SAS) for 45 E195-E2 aircraft, with purchase rights for an additional 10 aircraft, valued at approximately $4 billion excluding purchase rights. This represents SAS's largest direct manufacturer jet order since 1996.

The deliveries are scheduled to begin in late 2027 and will extend over approximately four years. The E195-E2 aircraft, powered by Pratt & Whitney's PW1900G GTF engines, delivers significant environmental benefits including 29% better fuel efficiency and a 62% reduction in noise footprint compared to previous-generation aircraft. The aircraft is also compatible with sustainable aviation fuel (SAF), currently capable of using 50% SAF blends, with certification for 100% SAF usage in development.

This fleet acquisition aligns with SAS's strategy for operational efficiency, emissions reduction, and network expansion from its Copenhagen hub across Scandinavian and international routes. The airline, recently ranked as the world's most punctual among 660 carriers according to Cirium, will utilize these aircraft to enhance route frequency and network flexibility while reducing operational costs.

Positive

• Record-breaking order valued at $4 billion for 45 aircraft with 10 additional purchase rights
• 29% improvement in fuel efficiency compared to previous generation aircraft
• 62% reduction in noise footprint from previous generation
• Aircraft compatibility with sustainable aviation fuel (SAF) up to 50% currently
• Enhanced network flexibility and lower trip costs
• SAS ranked as world's most punctual airline out of 660 carriers

Negative

• Extended delivery timeline starting late 2027 spanning approximately four years
• Significant capital commitment of $4 billion for the aircraft order

Insights

Aviation Industry Analyst

Embraer secures major $4B aircraft order from SAS, boosting revenue visibility and market position in European aviation market.

This record $4 billion order for 45 E195-E2 aircraft with options for 10 more represents a significant commercial win for Embraer in the competitive single-aisle aircraft market. The deal has substantial positive implications for Embraer's financial outlook and competitive positioning.

The order's magnitude is particularly noteworthy - it's SAS's largest jet order directly from a manufacturer since 1996, indicating exceptional confidence in Embraer's E2 platform. With deliveries scheduled to begin in late 2027 and extend over approximately four years, this provides Embraer with strong revenue visibility through 2031, enhancing predictability for investors.

From a competitive standpoint, winning this order from a prestigious European flag carrier strengthens Embraer's position against larger rivals like Airbus and Boeing. The E195-E2's highlighted 29% fuel efficiency improvement and 62% noise reduction over previous generation aircraft demonstrates Embraer's competitive edge in the regional jet segment.

The E195-E2's compatibility with sustainable aviation fuel (SAF) aligns with increasingly stringent European environmental regulations. This positions Embraer well as airlines face mounting pressure to reduce emissions, potentially leading to additional orders from environmentally-conscious carriers.

For context, this single order represents a substantial portion of Embraer's commercial aircraft backlog, which enhances the company's production stability and strengthens its position in the European market, where environmental considerations increasingly influence fleet decisions.

COPENHAGEN, Denmark, July 1, 2025 /PRNewswire/ -- Scandinavian Airlines (SAS) has entered into an agreement to acquire 45 Embraer (NYSE: ERJ; B3: EMBR3) E195-E2 aircraft, with purchase rights for an additional 10 aircraft — the largest SAS jet order direct from a manufacturer since 1996. This milestone agreement supports SAS' long-term fleet renewal strategy, which is focused on increasing efficiency, reducing emissions, and unlocking future growth opportunities from its global hub in Copenhagen as well as across its Scandinavian and international network.

The first aircraft deliveries from Embraer are scheduled to begin in late 2027, with further deliveries extending over approximately four years. Excluding purchase rights, the value for the order is approximately US$4 billion.

"This is a defining moment for SAS," says Anko van der Werff, President & CEO, SAS. "The Embraer E195-E2 is a world-class aircraft, combining outstanding performance with excellent fuel efficiency and comfort. This aircraft is key to enabling future growth and improved connectivity across Scandinavia and beyond. We've taken the time to make the right decision — and this major investment reflects our confidence in the future and the strength of the agreement we've secured."

The E195-E2 will play a vital role in optimizing SAS' operations and enhancing connectivity across Scandinavia and Europe. Its size and range are ideally suited to complement SAS' existing fleet and route structure, allowing for more frequencies, better network flexibility, and lower trip costs.

Built for the future of sustainable aviation

"The E2 is central to our strategy to build a modern, efficient fleet with strong performance. It enables us to serve more routes with lower emissions, better economics, and a premium experience for our passengers," adds Van der Werff. "Together with Embraer, we are setting the course for the next chapter of SAS."

The E2 family of aircraft has already been tested with 100% sustainable aviation fuel (SAF) and is in the process of being fully certified to fly on 100% SAF in the foreseeable future. Today blends of up to 50% SAF are already achievable.

Arjan Meijer, President and CEO Embraer Commercial Aviation, says: "We are thrilled to deepen our partnership with SAS through this landmark deal. The E2 is the quietest single aisle jet available today - 29% more fuel efficient and with a 62% reduction in noise footprint over the previous generation jet, the E195-E2 is a game-changer in terms of efficiency, performance, and passenger comfort. We are confident that these aircraft will play a crucial role in SAS' fleet renewal and expansion strategy, supporting their ambitious growth plans and enhancing their operational capabilities."

Powered by Pratt & Whitney's advanced PW1900G GTF engines, the E195-E2 delivers double-digit reductions in fuel burn, emissions, and noise compared to previous-generation aircraft. The new fleet will help lower SAS' environmental footprint and reinforce its position as a driving force in reducing aviation's climate impact.

This order marks another step in SAS' future-focused transformation, supporting a modernized fleet and improved travel experience. SAS continues to strengthen its overall network and international reach while enhancing connectivity between regional cities and global destinations through more seamless and sustainable operations.

This order was facilitated by the support of Skyworks Holding.

SAS was recently ranked as the world's most punctual airline*, a testament to the company's commitment to operational excellence and reliability.

*SAS ranked No. 1 out of 660 airlines globally for on-time performance in April and May 2025 (source: Cirium).

About SAS

SAS, Scandinavia's leading airline since 1946, operates a global hub at Copenhagen Airport (CPH), complemented by hubs in Oslo (OSL) and Stockholm (ARN). Our mission is to connect Scandinavia with the world and the world with Scandinavia.

Each year, SAS serves more than 25 million passengers and transports 60,000 tons of cargo to 135 destinations across Europe, the USA, and Asia. With a relentless focus on operational excellence, SAS ranks as the most punctual airline in Europe and the world.

Together with a passionate workforce of over 10,000 colleagues, we collaborate with partners and customers to drive transformative changes in aviation. We are committed to achieving net-zero emissions by 2050, embodying the visionary spirit of our founders: "To move from the old to what is about to come, is the only tradition worth keeping." Innovation and societal progress are at the heart of everything we do. SAS joined SkyTeam in September 2024, and together with our partner airlines, we offer a wide network worldwide.

For more information, visit our website at https://www.flysas.com or follow us on social media for the latest updates and promotions.

About Embraer

Embraer is a global aerospace company headquartered in Brazil, with businesses in Commercial and Executive Aviation, Defense and Security, and Agricultural Aviation. The company designs, develops, manufactures, and markets aircraft and systems, providing comprehensive after-sales services and support.

Since its founding in 1969, Embraer has delivered over 9,000 aircraft. On average, one Embraer-manufactured aircraft takes off every 10 seconds somewhere in the world, transporting over 150 million passengers annually.

Embraer is the leading manufacturer of commercial jets with up to 150 seats and the top exporter of high-value-added goods in Brazil. The company maintains industrial units, offices, service, and parts distribution centers across the Americas, Africa, Asia, and Europe.

 

View original content:https://www.prnewswire.com/news-releases/sas-places-record-order-for-55-embraer-aircraft-to-power-future-growth-and-regional-connectivity-302495731.html

SOURCE Embraer S.A.

FAQ

What is the value of SAS's order for Embraer E195-E2 aircraft?

The order is valued at approximately $4 billion for 45 aircraft, excluding the additional purchase rights for 10 aircraft.

When will Embraer begin delivering the E195-E2 aircraft to SAS?

Deliveries are scheduled to begin in late 2027 and will extend over approximately four years.

How much more fuel-efficient is the Embraer E195-E2 compared to previous generation aircraft?

The E195-E2 is 29% more fuel efficient compared to previous-generation aircraft.

What is the current sustainable aviation fuel (SAF) capability of the E195-E2?

The E195-E2 can currently operate with blends of up to 50% SAF and is being certified for 100% SAF usage in the future.

How many aircraft did SAS order from Embraer (NYSE: ERJ)?

SAS ordered 45 E195-E2 aircraft with purchase rights for an additional 10 aircraft, totaling a potential of 55 aircraft.