Finnair signs deal for up to 46 Embraer E195-E2s, source Airbus A320/321ceos
Finnair has signed an agreement with Embraer for up to 46 E195-E2s and announced plans to source up to 12 Airbus A320/321ceos from the used aftermarket.
The purchase announced on March 23, 2026, is part of Finnair’s wider plan to renew its narrowbody fleet.
“This mix of new and used aircraft supports our growth and profitability targets in an optimal way, as we continue to implement our strategy,” said Turkka Kuusisto, Finnair CEO. “With this investment, we are well positioned to offer our customers a growing, attractive network, as well as excellent reliability and customer experience. Introduction of the new E195-E2 aircraft to our fleet also reduces our CO₂ footprint, advancing our climate targets.”
The Embraer agreement also includes options for 16 additional E195-E2s and 12 purchase rights.
Kuusisto described the Embraer order as “one of the largest investments in Finnair’s 102-year-old history, and a vital step in our strategy”.
A contract was also signed with Pratt & Whitney for the purchase of spare engines and maintenance services for the PW1900G GTF engines that power Embraer E2.
“The Embraer E195-E2 is a great match for our needs, enabling a stronger regional network that both strengthens connectivity to and from Finland, and efficiently feeds our long-haul network,” added Kuusisto.
Deliveries of the 134-seat Embraer E195-E2 aircraft are scheduled to commence in the third quarter of 2027, with three of the firm orders to be delivered in 2027, six to be delivered in 2028 and another six in 2029.
The E195-E2s are planned to be operated by Finnair’s partner Norra. Norra operates regional traffic for Finnair with Embraer and ATR aircraft.
“Embraer is honoured to support Finnair’s exciting next chapter,” said Arjan Meijer, President and CEO, Embraer Commercial Aviation. “The E195-E2’s unique combination of efficiency, comfort, and reliability delivers meaningful value – lower fuel burn, lower CO₂, and superior economics. We look forward to helping Finnair modernise its short-haul fleet to better match demand, reduce emissions, and unlock growth.”
A320/321ceos to replace retiring A319s and A320s
Finnair plans to source up to 12 A320/321ceos from the used aircraft market, to replace the oldest A319s and A320s in the Finnair fleet during the next few years.
“A mix of larger and smaller narrow bodies allows us to tap into the growth opportunities in our markets in a flexible and efficient manner,” said Kuusisto.
The exact number of the planned A320/321ceos and their delivery times will be specified as preparations proceed.
Finnair’s current fleet comprises 79 Airbus, Embraer and ATR aircraft.
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Finnair has signed an agreement with Embraer for up to 46 E195-E2s and announced plans to source up…
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