Embraer Announces a Contract with Overland Airways for Up to Six E175s

Embraer has announced today, at the Dubai Air Show, a firm order for three new E175, plus three purchase rights for the same model of aircraft, with Overland Airways, from Nigeria. The 88-seat aircraft, with premium class cabin configuration, will be delivered from 2023. The deal is worth at USD 299.4 million, at list price with all purchase rights being exercised.

These aircraft will increase the domestic flights and allow to expand more regional routes. The president and CEO of Overland Airways, Capt. Edward Boyo, said, “we are confident that this is the right moment to invest, as regional aviation is on an optimistic post-pandemic recovery. Our customers will really enjoy all comfort in the E175, and we appreciate our partnership with Embraer.”

Cesar Pereira, Vice-president for Europe, Middle East and Africa, Embraer Commercial Aviation said, “we are proud of this partnership with Overland and to support their regional expansion. We are seeing growing long-term demand for rightsized aircraft to deliver profitable domestic connections in Nigeria.”

During the pandemic, the E175 has been a vital tool for many regional airlines, as they are perfectly suited to rebuilding network, enhancing frequencies and efficiently adding capacity to meet demand that has been gradually recovering.

Aeroter and Savback sign exclusive five-year sales agreement for VRT500 helicopter at Dubai Airshow 2021

Singapore-based Aeroter today announced an exclusive five-year agreement with Swedish company Savback Helicopters AB to distribute and sell its innovative VRT500 light, single-engine helicopter. From its headquarters in Sweden, Savback will also cover sales representation of the aircraft in Norway, Denmark, and Finland.

The co-axial format VRT500 helicopter is on display at the Dubai Airshow, which is being held during 14-18 November at Dubai World Central Airport.  Aeroter CEO Alexander Okhonko leads the company’s participation at  Booth S14 in the exhibition hall.

The partners have identified a ripe market for the VRT500 from discerning European buyers.  Confirming the new partnership, Mr. Okhonko commented: “We are delighted to have made this agreement with our new Swedish partners.  Savback has built a strong global reputation marketing helicopters for civil use, and built a solid presence in Sweden, Norway, Denmark, and Finland.”

Mr. Okhonko continued.  “We plan to start deliveries of the VRT500 and are aiming to secure a 10% share of the global rotorcraft market for single turbine-engined helicopters between 2024 and 2042.”

The co-axial rotor format of Aeroter’s VRT500 has long been favoured in a number of successful aircraft designs, and its two sets of counter-rotating blades on a single mast removes the requirement for a tail rotor. It also provides opportunities to land in a smaller area, owing to the lack of tail and tail boom.

Head of Sales & founder Michael Savbäck, added: “We are very proud and honoured to be working with the capable and innovative people at Aeroter, and are delighted to be able to bring this exciting helicopter to the Scandinavian market.”

“The VRT500 highlights a gap in the market for light single-engine helicopters which we have long identified.  The helicopter’s versatility fulfils the requirement for six-seat passenger transport – attractive for VIPs, strong and safe for aerial work, and a very safe rotor system without the hazard of a tail rotor,” he stated.

Test flying of the VRT500 prototype will begin in 2022 in Italy in conjunction with Vertex Aero srl.  The location of the final production line is to be determined from a shortlist currently under consideration. 

Powered by the Pratt & Whitney PW207V engine, the aircraft has been designed to reach speeds of up to 250 km (155 mph) with a range of up to 900 km (559 miles) and a payload of up to 800 kg (1,763 lb). 

The VRT500 will feature new-generation avionics from Thales.

Last month Aeroter selected Swiss simulator company Bruner Elektronik to produce a Virtual Reality full-motion simulator for the aircraft, which will be used for demos and test flights at trade shows.

Aeroter is already working with EASA and expects certification of the VRT500 under their jurisdiction in 2024. The first 20 helicopters from the production line are already sold and are scheduled for delivery to customers in Europe and Asia.