Embraer projects demand for 1570 jets of 70 to 130 seats in Asia Pacific over next 20 years

Embraer Commercial Aviation released (16-Feb-2016) its 20-year market forecast for Asia Pacific, projecting airlines will take delivery of 1570 new jets in the 70 to 130-seat segment, valued at USD75 billion, at list prices. The Asia Pacific will represent 25% of the worldwide demand for the segment, as the market will become more affluent, competitive, and open, further stimulating airlines to seek system efficiencies, brand differentiation, and improved service levels. Embraer believes the 70 to 130-seat jet segment "will play a key role in supporting the intra-regional development in Asia Pacific". [more - original PR]