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ILFC Finalizes E-Jets E2 Order With Embraer

Direct News Source

17-Jul-2013 International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has finalized an order for the purchase of 50 E-Jets E2 aircraft from Embraer, including 25 E190-E2 and 25 E195-E2. The order also includes options for an additional 50 aircraft.

"This order for the E-Jets E2 aircraft is in line with our current fleet strategy, which aims to provide our customers with a diverse mix of aircraft for their market-specific needs," said ILFC Chief Executive Officer Henri Courpron. "We see opportunities to place this new jet within ILFC's current customer base in all of our worldwide markets. We will also leverage access to the existing operators of the current version of Embraer to offer them the new E2."

These ILFC jets will be powered by two PurePower engines. The PurePower family of engines uses an advanced gear system allowing the engine's fan to operate at a different speed than the low-pressure compressor and turbine. The combination of the gear system and an all-new advanced core deliver the improvements in fuel efficiency, environmental emissions and noise.

Deliveries of the E-Jets E2 are expected to begin in 2018 and complete in 2023. The E-Jets E2 are configured with new aerodynamically advanced wings, new engines, full fly-by-wire flight controls, and advancements in other systems, which will result in double-digit improvements in fuel burn, maintenance costs, emissions, and external noise.