Georgian Airways to expand its fleet with E195-E2s, B737MAXs, owner reveals

Georgian Airways Georgian Airways currently operates seven aircraft: three Boeing 737-700s, three Embraer E190/E195LRs and one Bombardier CRJ200 (Georgian Airways)

At an October 2018 ceremony – held in celebration of Georgian Airways’ 25th anniversary – the airline’s general director Givi Davitashvili announced the carrier’s near-future fleet renewal plans.

Tbilisi-based Georgian Airways (formerly Airzena), privately owned flag carrier of Georgia, currently operates seven passenger jets, of which three are Boeing 737-700s, an equal number of Embraer E190/E195LRs and one Bombardier CRJ200. In this interview, below, Georgian Airways president and owner Tamaz Gaiashvili reveals further details of the expansion plans to Russian Aviation Insider’s sister publication

ATO: Mr Gaiashvili, which aircraft are under consideration for Georgian Airways’ fleet renewal plans?

TG: We have signed a letter of intent for five Embraer E195-E2s. The deliveries are scheduled to start in late 2019 stretching to the first and second quarters of 2020. We have also signed an [intent] agreement for five Boeing 737MAXs to be delivered in late 2023 and 2024.

ATO: Is this intended as a full renewal effort or fleet expansion?

TG: An expansion.

ATO: When do you plan to convert the letters of intent into firm contracts?

TG: We have passed the first stage of negotiations and are close to signing contracts in both cases.

ATO: What do you think about the liberalisation of airspace over Georgia and what effect has it had on the local carriers?

TG: I think that the local carriers have definitely been affected by the liberal approach – but not in the best way. This is due to the fact that the authorities are typically not very focused on aviation matters – and therefore may act incorrectly. But such an agreement is not necessarily the final word – it can always be revised and refined to be more beneficial for the country. I think Georgia has now reached the stage [when it is ready] to revise this agreement that was signed back in the day of [Mikhail] Saakashvili (Georgia’s president from in 2004 through 2013). Currently, individual states are starting to regulate their industries, and that’s the right way forward. Self-regulation of the market and its players is impossible in the 21st century. That’s the way of the past.

Tamaz Gaiashvili, president and owner of Georgian Airways (Georgian Airways)

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2 Trackbacks & Pingbacks

  1. INSIGHT: Unfrriendly Open skies for Georgian airlines
  2. Air Astana is the world’s second operator of the Embraer E190 E2

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