Embraer Commercial Aviation has forecast that airlines
in Asia Pacific 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 region’s above-average economic expansion, with a
projected annual GDP growth rate of 3.9% for the next 20 years,
combined with increasing urbanization and shifting demographic
patterns, will result in higher household incomes and increased
discretionary spending, including air travel.
ongoing over-capacity and intense competition in the region has
prevented airlines from delivering higher profits. In this regard,
the E-Jets E2 can help airlines to open new markets at the lowest
possible risk, complement larger fleet types to maximize profit,
and achieve sustainable growth with higher profitability,” said
César Pereira, Vice-President for Asia-Pacific, Embraer Commercial
Aviation. “We continue to identify to airlines
opportunities in markets that are currently underserved or not
served at all. With the E2’s, we can offer great operational
flexibility, broaden the network reach to second and third tier cities,
adding frequency to build competitive advantage and access to more
airports without any limitations.”
One major opportunity in the region
for 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.
Embraer currently has 100
customers from over 50 countries operating the ERJ and the E-Jet
families of aircraft. For the E-Jets program alone, Embraer has
logged more than 1,800 orders and over 1,400 deliveries.
Latest videos and podcasts:
How's Business at Siam@Siam Design Hotel Pattaya? Interview with Dmitry
Chernyshev, GM and
USA, Jazell Barbie Royale, Crowned Miss International Queen 2019 - FHD Interview.