Embraer: China undergoing transition to investment- and export-oriented growth

Embraer China VP sales and marketing, commercial aviation Guo Qing stated (08-Nov-2016) China is undergoing a "transition from an investment- and export-oriented growth model to consumption-driven, a great sign that would encourage China's rising middle-class to travel more and eventually benefit the regional aviation industry". Embraer projects 1030 new aircraft deliveries the 70 to 130+ seat segment over the next 20 years, valued at USD50 billion at list prices. [more - original PR]