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4/29/2016 | 1 MINUTE READ

Embraer forecasts 20-year Latin American aircraft demand

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Embraer Commercial Aviation (Santiago, Chile) released in April its market outlook for Latin America, which forecasts that the region will take delivery of 720 new jets in the 70- to 130-seat segment over 20 years (11% of the segment’s worldwide demand).

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Embraer Commercial Aviation (Santiago, Chile) released in April its market outlook for Latin America, which forecasts that the region will take delivery of 720 new jets in the 70- to 130-seat segment over 20 years (11% of the segment’s worldwide demand). The fleet in service is estimated to grow from today’s 310 units to 740 by 2034. Annual growth in demand for air transport there has been above the world average (~5%), hovering at 7% for 5 years, a trend expected to continue, at 6%, for two decades.

The region’s growing middle class will account for much of the increase, because many Latin Americans have yet to take their first flight — the region has 0.4 airline passengers per capita, one-sixth of the US number. Currently, says Embraer, more than 200 Embraer E-Jets are in service in the region, where Embraer holds a 70% share of the segment. The E-Jet family has logged more than 1,700 orders and 1,200 deliveries to some 70 customers in 50 countries. To meet future demand, Embraer is bringing its E-Jets E2 models to market, which feature composites in flight controls (flaps, ailerons, elevators, rudder, spoilers), landing gear doors, wing-fuse- lage fairings and radomes. It recently rolled out the first E190-E2, which will enter service in the first half of 2018. 

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