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Embraer: China Needs 950 New Regional Jets Over Next 20 Years

posted Nov 25, 2010, 4:43 AM by Elaine Bell

By Katie Cantle | November 25, 2010

Embraer forecasted a total demand of 950 new regional jets for the Chinese market over the next 20 years, comprising 20 in the 30-60 seat range, 425 in the 61-90 seat segment and 505 with 91-120 seats.

Embraer China President Guan Dongyuan said that China's booming economy "fosters the development of its regional aviation market, which generates great opportunities for players in the aviation industry."

Embraer's report points out that the rapid development of the Chinese High Speed Train system will bode well for regional aircraft demand. The HST tends to concentrate on high-density markets, while regional aviation will still expand into low- and mid-density sectors, the Brazilian manufacturer projected. It additionally forecasted that 91-120 seat aircraft will play an important role in rightsizing Chinese airlines' narrowbody fleets.

 

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