Brazilian Embraer’s 20-Year Forecast

Brazilian aircraft maker Embraer, based in the city of São José dos Campos, in the interior of the state of São Paulo, announced on Friday, November 19, its forecasts for the regional jet market (with capacity for between 30 and 130 passengers) for the next 20 years.

The company forecast is that the sales worldwide should total around 7,800 of these aircraft up to 2024, with a turnover of US$ 170 billion.


This is the sector in which Embraer operates. Among the list of airships produced by the company is a series of jets with capacities for between 37 and 118 passengers.


According to the company, between 2005 and 2014 around 3,200 aeroplanes of the kind should be purchased, and the remaining 4,600 should be bought between 2015 and 2024.


The company expects the market for jets for between 30 and 60 passengers, the market sector for the ERJ 145 family, a very successful aircraft sold by Embraer, which the company released in the 1990’s, will shrink.


On the other hand, the company bets on growth on the market for aircraft for between 70 and 110 passengers, the profile of the new Embraer 170/190 family, recently released by the company.


Embraer believes that the United States should continue, during the next 20 years, as the largest market in the sector.


The USA should absorb around 53% of this kind of aircraft in the period, followed by Europe, Africa and the Middle East (26%); Asia and the Pacific (6%); China (8%); and Latin America (7%).


In the area of executive aviation, Embraer forecasts that the market should acquire 7,650 aircraft in the next 20 years.


“This is the same amount forecasted by most producers in the market,” stated the company, which produces Legacy corporate jets.


ANBA

Tags:

You May Also Like

Brazilians Getting Better Wage Increases

Brazil’s economic growth helped labor unions get better salary adjustments in 2004, according to ...

Brazil’s General in Haiti Just Wants to Hide Own Incompetence

Lt. Gen. Augusto Heleno, the Brazilian commander for the U.N. peacekeeping troops in Haiti, ...

Can’t Xuxa Act Her Age?

Xuxa, "the queen of the tiny tots," is celebrating her 40th birthday. Brazilian magazines ...

Children Between 5 and 15 Represent 2.7 Million of Brazil’s Worforce

A study released June 22 by the International Labor Organization (ILO) revealed the profile ...

EU’s Sugar Exports Cuts Lead to Brazilian Sweet Invasion in the Middle East

Brazil is already the main sugar supplier to the Middle East and Northern African ...

With EU Help, Amazonas, Brazil, Creates New Forest Reserves

Governor Eduardo Braga, of the state of Amazonas, Brazil , signed decrees today creating ...

China Ready to Lend Brazil More Money, Yuans, However, Not Dollars

The Development Bank of China may offer more financing to Brazil's government managed oil ...

The Only Thing I Miss About Brazil Is the Craziness of Carnaval

Though I frequently reminisce about the ‘old days’ living in Brazil (I relocated to ...

Trump’s Brazilian Apprentice Has Become the Master

Ricardo Bellino, a young Brazilian entrepreneur  is the personification of that self-made man who ...

The Reserve Cowbell Player

It was a stirring piece that soon had us all dancing. Painfully trapped in ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`