Finnair has announced its largest fleet investment in more than two decades, ordering 18 Embraer E195-E2 narrow-body aircraft from Brazilian aerospace manufacturer Embraer. The deal marks a significant strategic shift for the Finnish flag carrier, which is moving away from long-standing supplier Airbus for its short-haul European operations.
The order comes with options for 16 additional aircraft and purchase rights for 12 more, signaling Finnair's long-term commitment to the E2 platform. Alongside the Embraer deal, the airline plans to source up to 12 Airbus A320 or A321 jets from the secondary market to further strengthen its narrow-body capacity. Engine maintenance services will be provided through a separate agreement with RTX's Pratt & Whitney.
Finnair CEO Turkka Kuusisto highlighted the aircraft's operational and environmental advantages, noting it will cut CO2 emissions by 30% per passenger compared to current jets. He also described the E195-E2 as one of the quietest aircraft available, making it ideal for dense European routes and domestic Finnish operations. Total planned investments through the end of 2029 are expected to reach approximately 2 billion euros ($2.31 billion).
The announcement is another win for Embraer, whose E2 series outsold the Airbus A220 by a three-to-one margin last year, capitalizing on a global wave of short-haul fleet renewals as airlines replace aircraft purchases delayed during the COVID-19 pandemic. Finnair itself has faced considerable headwinds in recent years, including pandemic-related losses and restricted access to Russian airspace following the 2022 invasion of Ukraine.
The airline currently operates around 80 aircraft, including 26 wide-body Airbus A330s and A350s, 29 Airbus narrow-bodies, 12 ATR 72-500s, and 12 Embraer 190s. The new E195-E2 jets will initially replace 15 aging narrow-body models, with potential for further expansion to meet growing passenger demand across Europe.


Berkshire Hathaway and Tokio Marine Form Major Strategic Insurance Partnership
Amazon's "Transformer" Phone: Can It Succeed Where Fire Phone Failed?
GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy
Sinopec Posts 36.8% Net Profit Drop in 2025 Amid Weak Petrochemical Margins and Energy Transition Pressures
Goldman Sachs Raises Oil Price Forecasts Amid Strait of Hormuz Disruptions
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy
Jeff Bezos Eyes $100 Billion Fund to Transform Manufacturing With AI
SLMG Beverages Eyes Price Hikes Amid Rising Packaging Costs and India's Booming Soft Drink Market
Virgin Australia Adjusts Fares Amid Rising Aviation Costs and Middle East Tensions
Netflix Eyes South Korea for More Live Events as BTS Concert Livestream Approaches
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks
Tesla FSD EU Approval Delayed to April 10 as RDW Completes Final Review
Air Canada Express Plane Collides with Ground Vehicle at LaGuardia Airport
Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors
FEMSA Cuts Jobs at Spin Fintech Unit, Refocuses Strategy on Oxxo Stores
Volkswagen CEO Urges Germany to Adopt China's Industrial Discipline Amid Major Restructuring
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 



