The True Operating Cost of Embraer E195-E2
The Embraer E195-E2 is a modern regional jet offering 146-seat capacity, exceptional fuel efficiency, and advanced technology. Plan for $4,200,000–$5,400,000 annually in operating costs at 500 flight hours, or $8,400–$10,800 per hour. The E195-E2 dominates modern regional markets.
Quick Specs: Embraer E195-E2
| Specification | E195-E2 |
|---|---|
| Engines | 2 × Pratt & Whitney PW1900G (33,600 lbf thrust each) |
| Fuel Burn | 2,800–3,200 gal/hr cruise |
| Cruise Speed | 510–550 mph |
| Service Ceiling | 43,000 ft |
| Useful Load | 92,000–105,000 lbs |
| Seats | 146 |
| Range | 2,600–3,400 nm |
TL;DR: Embraer E195-E2 Annual Operating Cost Summary
- Fixed costs: $1,200,000–$1,700,000/year (insurance $1,000,000–$1,500,000, crew $200,000–$300,000)
- Variable costs at 500 hours: $3,000,000–$3,700,000/year (Jet-A fuel, oils, engine reserves, maintenance)
- Total at 500 hours: $4,200,000–$5,400,000/year (~$8,400–$10,800/hour)
- Finance a $140,000,000 E195-E2: Add $3,056,000/month ($36,672,000/year) at 6.5% over 15 years
- At 250 hours: ~$2,850,000–$3,650,000/year (~$11,400–$14,600/hour)
- At 750 hours: ~$6,300,000–$8,000,000/year (~$8,400–$10,667/hour)
Regional Jet Operating Costs (Commercial)
Fixed Costs
- Insurance: $1,000,000–$1,500,000/year for $130M–$180M hull
- Crew salaries/training: $200,000–$300,000/year
- Maintenance reserves: Built into variable costs
Variable Costs (per flight hour)
- Jet-A fuel: 3,000 gal/hr × $5.50/gal = ~$16,500/hour
- Engine reserves: $366–$500/hour ($2,600K per engine ÷ 6,000 TBO × 2)
- Maintenance: $2,400–$3,200/hour
- Landing/handling fees: $2,000–$4,000/landing
Jet Fuel & Operating Economics
Fuel Cost by Hours
| Annual Hours | Gallons Jet-A | Cost @ $5.50/gal | $/Hour |
|---|---|---|---|
| 250 | 750,000 | $4,125,000 | $16,500 |
| 500 | 1,500,000 | $8,250,000 | $16,500 |
| 750 | 2,250,000 | $12,375,000 | $16,500 |
Maintenance & Engine Reserves
Pratt & Whitney PW1900G
- PW1900G: 6,000 hours TBO
- Overhaul cost: $2,600,000–$3,400,000 per engine
- Combined reserve: $5,800,000 ÷ 6,000 = $966.67/hour
- Reliability: Proven modern geared turbofan
Regional Jet Maintenance
- Engine system checks: $300,000–$450,000/year
- Avionics/systems: $200,000–$300,000/year
- Airframe service: $150,000–$250,000/year
- Budget: $2,400–$3,200/hour for all maintenance
Insurance & Operations
Commercial Insurance
- $130,000,000 hull: $1,000,000–$1,250,000/year
- $180,000,000 hull: $1,350,000–$1,750,000/year
- Passenger liability: Included in hull premium
Annual Ownership Scenarios
Operating Cost (Not Financed)
| Hours/Year | Fixed | Variable | Total | $/Hour |
|---|---|---|---|---|
| 250 | $1,450,000 | $2,000,000 | $3,450,000 | $13,800 |
| 500 | $1,450,000 | $4,000,000 | $5,450,000 | $10,900 |
| 750 | $1,450,000 | $6,000,000 | $7,450,000 | $9,933 |
Total Cost of Ownership (With Financing)
Assume $140,000,000 Embraer E195-E2, 6.5% APR, 15 years = $36,672,000/year.
| Hours/Year | Operating | Finance | Total | $/Hour |
|---|---|---|---|---|
| 500 | $5,450,000 | $36,672,000 | $42,122,000 | $84,244 |
| 750 | $7,450,000 | $36,672,000 | $44,122,000 | $58,829 |
Financing the Embraer E195-E2
- Purchase price: $120,000,000–$165,000,000
- Down payment: 15–20%
- Loan amount: $100,000,000–$140,000,000
- Term: 15–20 years
- APR: 5.75–7.0% (2025)
- Monthly payment: $2,600,000–$5,500,000
Lender Requirements: 700+ credit, airline experience, $15,000,000+ net worth, fleet operations plan, hull insurance $130M+. Lenders like JakenAviation support commercial jet financing.
Embraer E195-E2 vs. Competitors
- vs. Airbus A220-300: E195-E2 comparable; A220-300 more modern technology
- vs. Bombardier CRJ900: E195-E2 larger; CRJ900 proven regional
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Sources: Embraer E195-E2 Specs | AOPA Owner Reports | FAA TCDS