Thanks to a substantial financing of US$ 260 million (1.3 billion reais) from the Brazilian Development Bank (BNDES), Alaska Air Group, based in Seattle, Washington, is ready to increase its fleet by adding 11 state-of-the-art Embraer E175 aircraft.
Alaska Air Group, a major player and fifth largest airline in the United States, is reinforcing its fleet of regional aircraft under its subsidiary, Horizon. The aircraft will be received between 2023 and 2024 as part of the commercial contract previously signed with Embraer. The recent support from the BNDES will cover a portion of Alaska's total investment in the purchase of the planes and will be BNDES’ first aircraft export financing agreement with the US airline and its branch.
The Brazilian-made aircraft, Embraer E175, is seen as highly efficient and as an ideal fit for Horizon Air's regional operations. With an internal configuration featuring 12 seats in first class, 12 in premium class, and 52 in the main cabin, the jet combines luxury and comfort with practicality.
This partnership is a clear example of the multifaceted connections between the two nations, encompassing cultural, economic, and commercial dimensions. In the aviation realm, aircraft and associated components held a position among the top five most traded goods between both countries in 2021, as highlighted by Amcham data. This underlines the pivotal role of the aerospace sector in solidifying the bilateral relationship.