3-Mar-2017 11:19 AM
Embraer: Asia Pacific and North America to account for 57% of 70-130 seat regional jet demand
Embraer VP Asia Pacific Mark Dunnachie, speaking at the CAPA Fleet & Finance Summit, outlined (02-Mar-2017) the following deliveries for jet aircraft in the 70 to 130+ seat category for 2016 to 2035:
- Total: 6400 aircraft, market value of USD300 billion;
- North America: 2020, 31% of global demand;
- Asia Pacific: 1690, 26%;
- Europe: 1,160, 18%;
- Latin America: 690, 11%;
- Russia & CIS: 380, 6%;
- Middle East: 230, 4%;
- Africa: 230, 4%.
Embraer forecasts 63% of new deliveries in the period will support market growth and development, while 37% will replace aging aircraft.