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Embraer Expects Massive Expansion In China

by Mary Swire, Tax-News.com, Hong Kong

22 November 2010


Brazilian aircraft manufacturer Embraer told reporters at the opening day of the eighth China International Aviation and Aerospace Exhibition (Airshow China 2010), held in mid-November, that it has revised upward its forecast for the Chinese market for the period 2010-2029.

Bolstered by the company’s drive to expand its presence in the Chinese aviation market, Embraer now expects to receive orders for 950 new regional jets over the next 20 years, consisting of 20 30-60 seat aircraft, 425 61-90 seat aircraft and 505 91-120 seat aircraft.

Guan Dongyuan, President of Embraer in China, told reporters:

“China’s booming economy fosters the development of its regional aviation market, which generates great opportunities for players in the aviation industry.”

“Since we delivered the first jet in China in 2000, Embraer now has supplied 77 airplanes, out of a total 105 firm orders, making Embraer the major supplier of airplanes of up to 120 seats in the country. We will continue to provide state-of-the-art products and outstanding services to this promising market, demonstrating our high commitment to Chinese development.”

Guan said that Embraer’s growth would be supported by Chinese government efforts to expand its aviation sector, including the creation of new domestic routes, and international requirements to cut damaging emissions.

TAGS: aviation | China

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