Beijing, China, 22 Sept – Brazilian aeronautical company Embraer expects to sell 975 regional jets to Chinese airlines over the next 20 years, according to its projections for the regional Chinese aviation market in the 2011-2030 period.
Presented Wednesday in Beijing on the first day of the Beijing Aviation Fair, held from 21 to 24 September, the report predicts that of the 975 regional jets, 15 will have between 30 and 60 seats, 440 will have between 61 and 90 seats and 520 will have between 91 and 120 seats.
Embraer explained its projection by noting that the world aviation industry has shown some signs of recovery in 2010 following the 2008 economic crisis and China was one of the most important air transport markets and was experiencing rapid growth.
“China is now one of the fastest growing economies in the world, which stimulates string growth of the aviation market, and Embraer is the biggest supplier of 120-seat aircraft in the country,” said Guan Dongyuan, chairman of Embraer China.
Embraer also said that in the half of 2011 it had gained two new customers for its executive jets: China Southern Airlines and Hebei Airlines. (macauhub)