ATLANTA (September 15, 2025) – Smith, Gambrell & Russell, LLP was pleased to advise Avelo Airlines in its landmark firm order of 50 E195‑E2 aircraft from Embraer. Avelo will be the first U.S. carrier to operate this new generation model Embraer aircraft. The agreement also includes purchase rights for an additional 50 aircraft. The list-price value of the order is US$4.4 billion, excluding purchase rights, according to Avelo.
“We are so pleased to have represented Avelo Airlines in this significant transaction,” said Don Mitchell, Partner in the Global Transport and Corporate Practices. “This acquisition enables Avelo to expand their operations across the United States as well as modernize the company’s fleet.”
The Smith Gambrell legal team was made up of Don Mitchell, Partner in the Global Transport and Corporate Practices, Brett Lockwood, Partner in the Corporate Practice and Anna Stangle, Senior Associate in the Global Transport Practice.
Smith Gambrell’s global transport (Aviation) practice has served as external general legal counsel and represented several airlines, both passenger and cargo, in virtually all aspects of their business. During more recent years, the Global Transport Group has greatly broadened its bandwidth, geographic coverage and, most importantly, its industry representation to include several additional airlines situated in various parts of the world, operating lessors, export credit agencies, financiers, aviation equipment owners, managers and investors, aviation joint ventures and joint venture partners, maintenance repair and overhaul facilities and aircraft teardown/part-out companies. To learn more, please visit: https://www.sgrlaw.com/industries/air-transportaviation/.
About Avelo Airlines
Avelo Airlines’ Purpose is to Inspire Travel by saving travelers time and money. The airline offers Customers safe, convenient travel, everyday low fares, and a caring travel experience. Avelo stands out as the leading U.S. airline in on-time performance and reliability. Since taking flight on April 28, 2021, Avelo has flown nearly eight million Customers on more than 62,000 flights on its fleet of 22 Boeing Next Generation 737 aircraft. Today Avelo serves 47 cities spanning 18 states and Puerto Rico, as well as three international destinations: Jamaica, Mexico, and the Dominican Republic. For more information visit AveloAir.com.
About Smith, Gambrell & Russell, LLP
Smith, Gambrell & Russell, LLP is a full-service, international law firm that advises regional, national and global businesses on a wide range of legal matters. The Firm’s nearly 350 attorneys provide legal counsel in more than 50 specialized practice areas, including corporate transactions, litigation, intellectual property, aviation, banking, real estate, insurance/reinsurance, construction, employment law, international, and employee benefits and executive compensation. Founded in 1893, Smith Gambrell has 14 domestic and international offices, including Atlanta; Austin; Charlotte; Chicago; Jacksonville; London; Los Angeles; Miami; Milan; Munich; New York; Southampton; Tampa; and Washington, D.C.