Embraer Forecasts Demand for 1,390 New Jets
with up to 150 Seats in China
Embraer has forecast that China will take
delivery of 1,390 new jets with up to 150 seats and valued at USD
82 billion at list prices over the next 20 years.
Arjan Meijer, Chief Commercial Officer of
Embraer Commercial Aviation, said, “According to statistics, the
Asia-Pacific market enjoyed the strongest growth in terms of
passenger volume in 2017. In China, specifically for the domestic
market, the growth rate was 13.3%. Thanks to the steady pace of
economic growth, continuous investment in airport construction,
the implementation of basic air service plans, and the increasing
number of middle class that fueled the demand for air travel, we
believe for the next 20 years, aircraft with up to 150 seats will
enjoy huge potential in China.”
Over the last few decades, China has introduced
a series of favorable policies to support the air traffic growth
and made great achievements in airport construction. According to
CAAC’s plan, more than 50 new airports will be built during the
13th Five-Year Plan. By 2035, another 140 new airports will be
constructed and most of the newly-built airports will be regional.
With the increased number of airports, the market calls for more
regional aircraft with an appropriate number of seats to develop
At the same time, data shows that the top 30
airports in China handle nearly 80% of total passengers, which
result in the saturated capacity and shortage of slots in hub
airports. As such, Embraer believes that airlines will put more
effort on developing routes to second and third-tier cities.
“Embraer E-Jets and E-Jets E2 Smart Fleet with
appropriate size will perfectly match the market demand of second
and third-tier cities and satisfy the needs of various airlines.
With high economics efficiency and excellent performance, the
E-Jets and E-Jets E2 will create more value to our Chinese
customers, explore potential markets for airlines, improve
accessibility for travelers, and contribute to the development of
regional aviation in China,” said Guo Qing, Vice President of
Sales and Marketing for China, Embraer Commercial Aviation.
In order to meet the increasing demand for
travel, Embraer has launched the E-Jets E2, the newest generation
of Embraer jet, aiming to build the most efficient and comfortable
single-aisle family of aircraft with up to 150 seats. To date, the
E-Jets E2 program has logged 270+ orders, of which 130+ are firms.
In China, Embraer has logged 22 E-Jets E2 commitments.
In April 2018, Embraer delivered world’s first
E-Jets E2 to Widerře of Norway. Currently, three E190-E2s have
accumulated more than 2,500 flight hours with Widerře, achieving a
schedule reliability of around 99%.