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

Brazil: It’s the Economy, Mr. Lula

Lula’s popularity is eroding in Brazil, but for all the bad press, the majority ...

Bird Flu Sends Chicken Prices Below Production Costs in Brazil

There are no signs of bird flu in Brazil, but its presence is being ...

108,000 Firearms Turned In by Brazilians

Brazil’s NGO, Viva Rio, celebrated its Disarmament Campaign Day yesterday with demonstrations throughout the ...

Brazil Sells a Quarter of a Million Light Vehicles in April, a Record

The auto market in Brazil has posted growth of 29.33% in sales of light ...

Brazil’s Pluri-Faceted Bianca Rossini Reveals Latest Gift: She Can’t Stop Composing

Bianca Rossini is the new Brazilian sensation in the music scene of Los Angeles, ...

Brazilian Industry Unhappy with Accord to Protect Argentina

The Competition Safeguard Mechanism (MAC), established in an agreement signed last week, in Buenos ...

Brazil’s Lula and Argentina’s Kirchner Talk About Mercosur’s Viability

The leaders of Argentina and Brazil are meeting in São Paulo, in the Brazilian ...

Boom Times for Rio, Brazil: US$ 70 Billion to Be Invested in 3 Years

Exploration of oil in Campos Basin, the Petrobras investment, the construction of the Angra ...

By Leaving Congress Cardozo Makes Himself Greater But Diminishes Brazil

José Eduardo Cardozo is one of this generation’s most respected, successful politicians. Serving his ...

Sale of Tractors in Brazil Takes a Tumble Due to Drought and Lack of Credit

American company Agco Corp. warned that industry-wide farm-equipment sales in South America could fall ...