Finnair picks Embraer over Airbus for its narrow-body fleet renewal
#Finnair #Embraer #Airbus #narrow-body #fleet renewal #aircraft #aviation industry
📌 Key Takeaways
- Finnair selects Embraer aircraft for its narrow-body fleet renewal.
- The decision favors Embraer over Airbus for new narrow-body planes.
- The renewal aims to modernize Finnair's fleet for efficiency and sustainability.
- This choice may influence regional aircraft market dynamics in Europe.
🏷️ Themes
Aviation, Fleet Renewal
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try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Asia stocks sink; Japan, S.Korea lead losses as Iran crisis worsens Gold slides 4%, wipes out 2026 gains as Iran crisis keeps rate fears in play Goldman raises Brent forecasts again, sees higher oil prices for longer Spike in oil prices seen as ’a clear risk for consumer equities’ 🧠 Upgrade to AI Insights (South Africa Philippines Nigeria) 🧠 Upgrade to AI Insights Finnair picks Embraer over Airbus for its narrow-body fleet renewal By Stock Markets Published 03/23/2026, 03:09 AM Updated 03/23/2026, 04:00 AM Finnair picks Embraer over Airbus for its narrow-body fleet renewal 0 AIR -1.73% RTX -1.28% EMBJ -5.96% FIA1S -3.39% By Anne Kauranen HELSINKI, March 23 - Finnair will renew its European fleet with an order for 18 E195-E2 narrow-body aircraft from Brazilian manufacturer Embraer , it said on Monday, as it moved away from its current supplier Airbus . The order - the Finnish flag carrier’s largest investment in over two decades - deals a further blow to France’s Airbus, after Embraer’s E2 outsold the Airbus A220 three to one last year. Finnair said it also plans to acquire up to 12 Airbus A320 or A321 from the used aircraft market. "This is a highly versatile aircraft and one of the quietest on the market," Chief Executive Turkka Kuusisto told Reuters, referring to the E195-E2. "It will reduce our CO2 emissions by 30% per passenger carried. In addition to enabling us to operate efficiently within Finland and widely across Europe, it also supports our climate objectives," he added. The Embraer order includes options for 16 additional aircraft and purchase rights for a further 12, Finnair said, adding it had signed deals with RTX ’s Pratt & Whitney for spare engines and maintenance services. The total value of the company’s planned investments through the end of 2029 will amount to around 2 billion euros ($2.31 billion), Kuusisto told Reuters, declining to share further details. EMBRAER CAPITALISING ON GLOBAL...
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