Mozambican state airline to buy to Embraer 190 aircraft with an option for a further two

13 December 2011

Maputo, Mozambique, 13 Dec – Mozambique’s flagship airline, LAM is set to buy two Embraer 190 jet aircraft with an option for a further two, in a deal worth an initial US$90 million, the Mozambican press reported.

Acquisition of the aircraft from Brazil’s Empresa Brasileira de Aeronáutica (Embraer) is intended to replace the oldest jets LAM ahs in its fleet, which were operating on domestic and regional routes, and to increase its number of flights, particularly to Angola, Kenya and South Africa as well as opening up new routes.

LAM’s future Embraer jets will be configured into two flight classes with nine seats in executive class and 84 seats in economy. The first jet is due to be delivered in the second half of 2012.

Speaking to Mozambican newspaper O País, the chairman of LAM, Teodoro Waty, said that, if it were not possible to use the US$300 million credit line opened up by the Brazilian government for Mozambique, the company would take out a bank loan to pay for the airplanes.

A few days ago, Mozambique’s Minister for Industry and Trade, Armando Indroga said that Brazil had pledged to help LAM to buy more aircraft, via its US$300 million credit line.

The Linhas Aéreas de Moçambique fleet includes Embraer 190, Boeing 737-200 and Bombardier Q400 aircraft. (macauhub)