Embraer has released its 20-year Market Outlook for the North American market in which it forecasts 2,060 new jet deliveries in the 70 to 130-seat segment.
It represents nearly 35 per cent of the total worldwide demand for aircraft in this particular segment and is valued at US$ 96 billion at list prices.
Some 47 per cent of the region’s new deliveries are expected to support market growth while 53 per cent will replace ageing aircraft that will be retiring by 2034.
“Despite higher growth rates in other parts of the world, our projections show the US market continuing to dominate the segment because it has such a large volume of existing 70 to 130-seat jets,” said Paulo Cesar Silva, president, Embraer Commercial Aviation.Read More 20/05/2015 Breaking Travel News
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