Embraer: 3,010 new aircraft deliveries (up to 150-seats) in Asia Pacific
The industry released it today at the "Singapore Airshow"
Embraer Commercial Aviation released today, at the "Singapore Airshow", its market forecast for the Asia Pacific region. The Company estimates airlines will take delivery of 3,010 new aircraft in the segment up to 150-seats over the next 20 years, representing 29% of the worldwide demand for the segment, in the period. The total demand for the segment is for 10,550 new aircraft over the next 20 years.
Asia Pacific has experienced rapid social and economic development in recent decades.
The Chinese start-up airlines will grow from small and mid-sized cities with subsidies to propel the development of the regional aviation. The region needs a shift in focus from competing to creating new market space and seeking out untapped opportunities.
One great opportunity in the region for the E-Jets is the aging incumbent fleet, where there are more than 250 jets in the 50 to 150-seat category over 10 years of age, which will become targets for replacement in the near future.
World Aeronautical Press Agency