Finnair Opts For New Embraer E2s and Used Airbus A320/A321ceos

Key Takeaways

• Finnair orders 18 E195‑E2, up to 46 possible
• First E195‑E2 deliveries scheduled for 2027
• Will acquire 12 used A320/A321 ceos for narrow‑body fleet
• Replacement targets aging A319s and oldest A320s
• Strategy reduces CO2, improves regional connectivity, cuts costs

Summary

Finnair announced a hybrid fleet renewal, signing a firm contract for 18 new Embraer E195‑E2 jets with options that could expand the order to 46 aircraft. The airline will also acquire 12 used Airbus A320 and A321 ceo models to replace its oldest narrow‑body types. Deliveries of the E195‑E2 start in 2027, while the used Airbus units will be phased in over the next few years. This approach balances capacity growth, cost control, and sustainability goals without committing to delayed A320neo deliveries.

Pulse Analysis

Finnair’s fleet renewal reflects a pragmatic response to the prolonged backlog of Airbus A320neo deliveries and lingering engine durability concerns. By postponing a full‑scale purchase of the new‑generation narrow‑bodies, the carrier sidesteps the risk of high lease premiums and operational disruptions tied to the GTF engine issues that have plagued the neo family. Instead, it leverages its existing A320ceo platform, which remains cost‑effective and reliable, while scouting the secondary market for well‑maintained used aircraft that can be integrated quickly.

The centerpiece of the plan is an 18‑aircraft firm order for Embraer’s E195‑E2, with options that could lift the total to 46 jets. The E195‑E2 offers a 134‑seat cabin—significantly larger than the 100‑seat E190s currently in service—while delivering up to 25% lower fuel burn per seat. Coupled with Pratt & Whitney’s PW1900G geared turbofan, the aircraft promises lower emissions, aligning with Finnair’s climate commitments and enhancing the regional network that feeds its long‑haul routes. The staggered delivery schedule, beginning in 2027, gives the airline time to align capacity with post‑pandemic demand recovery.

Complementing the new Embraers, Finnair will source 12 pre‑owned Airbus A320 and A321 ceos to replace its aging A319 fleet and the oldest A320s. Acquiring used aircraft at favorable lease terms provides immediate capacity relief without the capital outlay of brand‑new jets. This blend of newer regional jets and refurbished main‑line narrow‑bodies enables Finnair to maintain a flexible fleet mix, optimize unit costs, and sustain profitability while the market watches for a resolution to the neo engine challenges. The strategy underscores a broader industry shift toward hybrid fleet compositions that balance sustainability, cost efficiency, and operational resilience.