12 A320 ceo and 18 E195-E2  : Finnair renews its single-aisle fleet

12 A320 ceo and 18 E195-E2  : Finnair renews its single-aisle fleet with firm orders for 18 E195-E2 aircraft from Embraer and second-hand A320/321ceo aircraft

12 A320 ceo and 18 E195-E2  : Finnair renews its single-aisle fleet with firm orders for 18 E195-E2 aircraft from Embraer and second-hand A320/321ceo aircraft

Paris, March 23, 2026 – Finnair continues the renewal of its narrowbody fleet and has signed a purchase agreement with Embraer for 18 firm orders of E195-E2 aircraft, along with 16 additional options and 12 purchase rights.

Finnair has also signed agreements with Pratt & Whitney (a subsidiary of RTX) for the purchase of spare engines and maintenance services for the PW1900G GTF engines that power the Embraer E2.

In addition, Finnair plans to acquire up to twelve Airbus A320/321ceo aircraft on the second-hand market.

Turkka Kuusisto, President and CEO of Finnair, stated:
“This combination of new and used aircraft optimally supports our growth and profitability objectives as we continue to implement our strategy. Through this investment, we are well positioned to offer our customers an expanding and attractive network, as well as exceptional reliability and customer experience. The introduction of the new E195-E2 into our fleet also reduces our carbon footprint, allowing us to progress toward our environmental goals.”

The first Embraer E195-E2 will join Finnair’s fleet in 2027

Mr. Kuusisto explains:
“The Embraer E195-E2 perfectly meets our needs, as it allows us to develop a stronger regional network that enhances connections to and from Finland, while efficiently feeding our long-haul network.”

Deliveries of the Embraer E195-E2, with a capacity of 134 seats, are expected to begin in the third quarter of 2027, with three of the firm orders to be delivered in 2027, six in 2028 and six more in 2029.

The E195-E2 aircraft are expected to be operated by Norra, Finnair’s partner. Norra provides regional traffic for Finnair using Embraer and ATR aircraft.

Arjan Meijer, President and CEO of Embraer Commercial Aviation, said:
“Embraer is honored to support Finnair’s next chapter. The E195-E2’s unique combination of efficiency, comfort and reliability delivers significant added value: lower fuel consumption, reduced CO₂ emissions and superior profitability. We look forward to helping Finnair modernize its short-haul fleet to better meet demand, reduce emissions and drive growth.”

Chosen for its efficiency, reliability and passenger comfort, the E195-E2 offers more than 30% better fuel efficiency per seat compared to the previous generation E190-E1, along with a significant reduction in noise footprint.

The E195-E2 also offers a next-generation customer experience, featuring the quietest cabin in the single-aisle segment, modern and comfortable seating, USB power at every seat, and high-speed internet connectivity.

A320/321ceo aircraft to replace outgoing A319 and A320 aircraft

Finnair plans to acquire up to twelve A320/321ceo aircraft on the second-hand market to replace the oldest A319 and A320 aircraft in its fleet over the coming years.

Mr. Kuusisto explains:
“A combination of narrowbody aircraft of different sizes allows us to seize growth opportunities in our markets in a flexible and efficient way.”

The exact number of A320/321ceo aircraft planned and their delivery dates will be specified as preparations progress.

Finnair’s current fleet consists of 79 Airbus, Embraer and ATR aircraft. The fleet operated and owned by Finnair is presented on the airline’s website at finnair.com.

Seabury Aviation Partners acted as Finnair’s strategic and commercial advisor in this transaction.

About Finnair

Finnair is the Finnish airline specializing in passenger and cargo transport between Asia, North America and Europe.

The airline, which celebrated its centenary in 2023, is one of the oldest in the world and the only airline to offer direct flights to Lapland year-round.

Customers have voted Finnair “Best Airline in Northern Europe” at the Skytrax Awards for 15 consecutive times.

Finnair is a member of the Oneworld alliance. Finnair Plc shares are listed on Nasdaq Helsinki.

Source: Finnair