Embraer released its outlook dedicated to the Chinese market for 2010-2029 during a press conference held on the opening day of the eighth China International Aviation & Aerospace Exhibition (Airshow China 2010, November 16 to 21, www.airshow.com.cn/en), in the city of Zhuhai, Guangdong Province.
The market outlook provides analyses of present and future growth trends of the air transportation industry in China, and presents the Company’s vision regarding the future
development of China’s regional aviation market. In line with the expansion of China’s aviation market and economic development, Embraer forecasts a total demand of 950 new regional jets over the next 20 years, consisting of 20 for 30-60 seats, 425 for 61-90 seats, and 505 for 91-120 seats.
“China’s booming economy fosters the development of its regional aviation market, which generates great opportunities for players in the aviation industry,” said Guan Dongyuan, President of Embraer China. “Since we delivered the first jet in China, in 2000, the fleet now in operation totals 77 airplanes, out of 105 firm orders, making Embraer the major supplier of airplanes up to 120 seats in the country. We will continue to provide state-of-the-art products and outstanding services to this promising market, demonstrating our high commitment to Chinese development.”