Colorful Guizhou Pens Embraer Deal

Chinese carrier Colorful Guizhou Airlines has signed a deal for up to five Embraer 190s, valued at $249m at current list prices.  The agreement consists of two firm orders and three purchase rights, with the former scheduled for delivery next year.

“As a newly-established and the first locally-owned airline in Guizhou province, Colorful Guizhou Airlines needs mature aircraft and services to guarantee our steady operation,” explained Zhai Yan, Chairman of Guizhou Industrial Investment (Group) and Chairman of Colorful Guizhou Airlines.

“Based on the aircraft’s performance during the past eight months, we are glad we picked Embraer’s E190, an aircraft model with good economy, unparalleled cabin comfort, and high reliability, which has enabled us to provide passengers with a good travel experience.  We hope that the E190 fleet can help us build a sky passageway inside and beyond Guizhou province, and eventually contribute to improving the connectivity of China’s Southwest Region.”

The latest order is a follow on to the deal for seven E190s the carrier signed at the Paris Air Show in June 2015, four of which have now been delivered.

Guan Dongyuan, Senior Vice President of Embraer and President of Embraer China, welcomed the new order.  “Colorful Guizhou Airlines’ decision to purchase more E190s means a lot to Embraer,” he said.

“It is not only a recognition of our aircraft already in operation, but also a demonstration of the sincere trust between Embraer and Colorful Guizhou.  As a manufacturer, as well as a service provider, Embraer China team will continue to be devoted to customer services and support, to safeguard the smooth operation of our customers.  We deeply appreciate Colorful Guizhou’s trust and Embraer will be a loyal partner of Colorful Guizhou along this road to a brighter future.”

Guo Qing, Vice President, Sales & Marketing, Commercial Aviation, Embraer China, added: “China is among the most dynamic aviation markets in the world, and Guiyang is an important potential hub in southwestern China and we are glad to be part of it with Colorful Guizhou Airlines.”

The low-cost regional carrier currently operates a network of nine domestic routes and has transported more than 140,000 passengers over the past eight months.

 

 

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