Helvetic Airways has announced the sale of its remaining fleet of Fokker 100 aircraft and the entirety of Helvetic’s spare engines, spare parts and tooling to Alliance Aviation Services Limited, of Australia, the world’s largest operator of Fokker aircraft.
Following the negotiations conducted in recent weeks, the conclusion of the sale puts a final end to the phasing-out project of the Fokker fleet of the Swiss company.
Helvetic Airways currently now operates a standardized fleet of eleven Embraer E190-E1 aircraft.
From this autumn onwards, these will be supplemented by the first of twelve new Embraer E190-E2s.
As previously reported, the airline operated its last Fokker 100 revenue flight on June 14, 2019 with HB-JVG.
After more than 15 years of service with the type, Helvetic Airways officially withdrew its last Fokker 100 on June 14. Just prior to its withdrawal, aircraft HB-JVG performed an exclusive scenic flight around Switzerland before making its final landing at Zurich Airport in Helvetic service.
Following some commemorative activities at the departure gate, special flight 2L 100 departed for its farewell tour of Switzerland carrying several media representatives, Helvetic Airways employees and selected guests.
On landing, the aircraft was also treated to a water salute by the airport fire service.
Swiss International Air Lines is to expand its partnership with Helvetic Airways, and will deploy up to eight Helvetic Airways Embraer E190-E2 aircraft (above) or similar equipment on its route network from 2019 onwards under wet-lease (i.e. the lease-in of aircraft, crew, maintenance and insurance) arrangements.
The expanded collaboration reconfirms the high quality of Helvetic Airways’ services and its premium partner credentials. It will also provide greater planning security and ensure the optimum utilization of the Helvetic Airways fleet.
Four Embraer E190s of Helvetic Airways are currently in service for Swiss. The aircraft are deployed on Swiss flights to over 40 European destinations.
Helvetic Airways AG currently operates a fleet of seven Embraer E190 and five Fokker 100 aircraft. The latter will be withdrawn next year and replaced with further Embraer equipment. The new Embraer E190-E2 aircraft will enter service from September 2019 onwards. Four of the company’s Embraer E190s are presently operated on behalf of Swiss International Air Lines under a long-term ACMI lease agreement. The remaining aircraft in the Helvetic Airways fleet are operated under other ACMI leases or perform the company’s own scheduled and charter flights.
Embraer and Helvetic Airways have signed a contract for a firm order of 12 E190-E2 jets.
This agreement was announced as a Letter of Intent (LOI) at the recent Farnborough Air Show, in July.
The firm order has a value of $730 million, based on current list prices, and will be included in Embraer’s 2018 third-quarter backlog. The contract also includes purchase rights for a further 12 E190-E2, with conversion rights to the E195-E2, bringing the total potential order up to 24 E-Jets E2s.
With all the purchase rights being exercised, the deal has a list price of $1.5 billion. The announcement was made by the two companies during the Zurich debut of the E190-E2, the world’s most efficient and quietest single-aisle aircraft, as part of its tour of Europe and the Commonwealth of Independent States (CIS).
The first 12 E190-E2 aircraft will begin replacing Helvetic’s five Fokker 100s and seven E190s, starting in late 2019 and completing in autumn 2021.
The purchase options for a further 12 aircraft (E190-E2 or E195-E2) will enable Helvetic Airways to grow according to market opportunities. Embraer is the world’s leading manufacturer of commercial jets up to 150 seats. The Company has 100 customers from all over the world operating the ERJ and E-Jet families of aircraft. For the E-Jets program alone, Embraer has logged more than 1,800 orders and 1,400 deliveries, redefining the traditional concept of regional aircraft.
Embraer announced today at the Farnborough Air Show that Zurich based Helvetic Airways has signed a Letter of Intent (LoI) for 12 E190-E2 and purchase rights for a further 12, with conversion rights to the E195-E2. If all purchase rights are exercised, the deal has a list price of USD 1.5 billion. The order will be included in Embraer’s backlog as soon as it becomes firm, which will happen in the coming months.
The first 12 E190-E2 aircraft will begin replacing Helvetic’s five Fokker 100s and seven E190s, starting in late 2019 and completing in autumn 2021. The purchase options for a further 12 aircraft (E190-E2 or E195-E2) will enable Helvetic Airways to grow according to market opportunities.
Helvetic’s plans to operate to London City Airport in the future received a further boost last week (13th July) when the E2 made its debut at the airport located in the city of London.
Helvetic Airways started operating two Fokker 100s (HB-JVF and HB-JVG above) today (March 25) with the start of the summer schedule for Lufthansa at the Munich hub. The wet leases will be for the summer season.
Helvetic Airways (Zurich) as we previously reported, is adding seven Embraer ERJ 190s. The airline has now detailed its expansion plans:
Helvetic Airways currently operates six Fokker 100s and one Airbus 319-100.
Recently, the airline concluded long-term leases with the Airfleet Credit Corporation for seven Embraer 190s. It is planned to put the Embraer 190s into operation between December 2014 and June 2015.
The business model envisages that four Fokker 100s and four Embraer 190s will be in service, in the long term, for Swiss International Air Lines, as part of a wet lease agreement. The other aircraft (2 Fokker 100s, 1 Airbus A319, 3 Embraer 190s) are used for the scheduled and charter services of Helvetic Airways AG.
In connection with the business expansion, the number of staff at Helvetic Airways AG will be increased to more than 350 employees. At the same time, the equity base will be strengthened via an increase in the share capital by 10 million Swiss francs.
With the 2015 schedules for Zürich and Bern, the primary intention is to consolidate Helvetic’s current scheduled destinations.
The additional capacity in the charter business will be absorbed by the current partners.
Photo: Helvetic Airways. The first Embraer ERJ 190 has arrived in Zurich. The pictured ERJ 190-100LR OE-IHD (msn 19000354) was delivered on December 18 as HB-JVL.