in Business Aviation

Embraer foresees demand for 10,550 new aircraft with up to 150 Seats over next 20 years

Posted 16 July 2018 · Add Comment

Embraer forecasts demand for 10,550 new aircraft with up to 150 seats worldwide, worth USD 600 billion, over the next 20 years.

The in-service fleet is set to increase to 16,000 aircraft, up from the 9,000 aircraft currently in operation. Market growth will drive 65% of this demand, while the remaining 35% will replace ageing aircraft.

Whilst region-specific outlooks vary considerably, efficiency and sustainability remain the underlying drivers of the projected market demand. The up to 150-seat segment will form an ever more integral part of the global air transport eco system.

Up to 150-Seat Segment – Deliveries by Region

Region

Deliveries

Share

Asia-Pacific

3,000

28%

North America

2,780

27%

Europe

2,240

21%

Latin America

1,140

11%

CIS

580

6%

Africa

450

4%

Middle East

360

3%

World (2018-2037)

10,550

100%

The economic performance of the airline industry will mostly depend on how far costs will rise and to what extent the industry can sustain a healthy revenue environment. Aircraft in the up to 150-seat segment are the best placed to combine cost efficiency with stronger yields.

“Past performance is no guarantee of future results. Even though every facet of the industry has excelled over the past years, we are now warming up for the next period of higher costs, with pressures on yields likely to continue unabated. Profits are eroding and gains wiped out with rising costs”, said John Slattery, President & CEO, Embraer Commercial Aviation.

The segment’s new product lineup challenges the "paradigm" that smaller aircraft necessarily have higher CASK, and now approach the seat cost economics of larger narrow-body aircraft with roughly 20% trip cost advantage.

Aircraft in the up to 150-seat segment is one of the main pillars of business sustainability. As the most efficient single-aisle family of aircraft, the E-Jets E2 are perfectly placed to consolidate Embraer’s position as the market leader in the segment and maximize profitability for both airlines and leasing companies.

 

* required field

Post a comment

Other Stories
Latest News

Air Mauritius starts operations to Wuhan, China

The Wuhan route will be served by an Airbus A340 in a 34 business class and 264 economy class configuration.

ExecuJet welcomes first Pilatus PC-24 to Africa

ExecuJet, part of the Luxaviation Group, will be the first business aviation company to operate and manage a Pilatus PC-24 Super Versatile Jet in Africa.

Why Africa looks booked to succeed

For many years, Africa has been talked of as a continent of great potential in commercial aviation. That potential has never really materialised. As Alan Dron reports, the authors of a new book believe that, at last, things are about to

First ACJ320neo is assembled

The first ACJ320neo has been assembled on programme, fitted with CFM International LEAP-1A engines and painted in ACJ house-colours, in preparation for a first flight in the coming weeks.

Support our industry call from new ACI boss

Bongani Maseko, new chairman of the Airports Council International (ACI), believes that, despite challenges, African aviation is becoming a strong contributor to global economic growth.

Rwanda Civil Aviation Authority recognises IATA's Airline Safety Audit Programme

Kigali The International Air Transport Association (IATA) and the Rwanda Civil Aviation Authority (CAA) signed an MoU to partner for the improvement of aviation safety.

TAA SK0902311218
See us at
AAD2018 BTAirCargoAFA_BT220318210219MarrakechAirshow BT2507241018AviationAfrica_BT0607280219GroundHandling BT2205130918