Alliance Airlines acquires additional 30 E190 aircraft from AerCap

Alliance Airlines has entered into a sale and purchase agreement for an additional 30 Embraer E190 aircraft from Dublin-based lessor AerCap. The additional 30 E190 aircraft are currently on lease from AerCap to a U.S. airline and have been operated by the carrier since new. Aircraft deliveries and payments will commence in September 2023 and will be completed in January 2026.

Final purchase price for each aircraft will be adjusted for the maintenance status of the airframe and the two fitted engines in the week preceding each delivery. Accordingly, there is a significant degree of variation in unit cost and a totally firm fleet price is unable to be given at this time. The aircraft will be purchased one at a time over a two-year period by a mix of debt and cash generated through the operation of the company