SÃO JOSÉ DOS CAMPOS, Brazil,
Dec. 2, 2020 /PRNewswire/ --
Embraer's newly published 2020 Commercial Market Outlook examines
passenger demand for air travel and new aircraft deliveries over
the next 10 years with special emphasis on Embraer's product
segment - aircraft up to 150 seats. The report identifies emerging
trends that will influence growth, factors shaping future airline
fleets, and the regions of the world that will lead demand in the
commercial sector.
The global pandemic is causing fundamental changes that are
reshaping air travel patterns and demand for new aircraft. There
are four main drivers:
- Fleet Rightsizing - a shift to smaller-capacity, more versatile
aircraft to match weaker demand.
- Regionalization - companies seeking to protect their supply
chains from external shocks will bring businesses closer,
generating new traffic flows.
- Passenger Behavior - preference for shorter-haul flights and
decentralization of offices from large urban centers will require
more diverse air networks.
- Environment - renewed focus on more efficient, greener aircraft
types.
"The short-term impact of the global pandemic has long-term
implications for new aircraft demand," said Arjan Meijer,
President and CEO of Embraer Commercial Aviation. "Our forecast
reflects some of the trends we're already seeing - the early
retirement of older and less efficient aircraft, a preference for
more profitable smaller airplanes to match weaker demand, and the
growing importance of domestic and regional airline networks in the
restoration of air service. Aircraft with up to 150 seats will be
instrumental in how quickly our industry recovers."
Selected highlights:
Traffic Growth
- Global passenger traffic (measured in Revenue Passenger
Kilometres - RPKs) will return to 2019 levels by 2024, yet remain
19% below Embraer's previous forecast through the decade, to
2029.
- RPKs in Asia Pacific will grow
the fastest (3.4% annually).
Jet Deliveries
- 4,420 new jets up to 150 seats will be delivered through
2029.
- 75% of deliveries will replace ageing aircraft, 25%
representing market growth.
- The majority will be to airlines in North America (1,520 units) and Asia Pacific (1,220).
Turboprop Deliveries
- 1,080 new turboprops will be delivered through 2029.
- The majority will be to airlines in China/Asia
Pacific (490 units) and Europe (190).
For more details, including regional synopses for North America, Latin
America, Europe,
Africa, the Middle East, China and Asia/Pacific, and the CIS, download the 2020
Market Outlook at www.embraermarketoutlook2020.com
Follow us on Twitter: @Embraer
About Embraer
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial
and Executive aviation, Defense & Security and Agricultural
Aviation. The company designs, develops, manufactures and markets
aircraft and systems, providing Services & Support to customers
after-sales.
Since it was founded in 1969, Embraer has delivered more than
8,000 aircraft. On average, about every 10 seconds an aircraft
manufactured by Embraer takes off somewhere in the world,
transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150
seats and the main exporter of high value-added goods in
Brazil. The company maintains
industrial units, offices, service and parts distribution centers,
among other activities, across the Americas, Africa, Asia
and Europe.
PRESS OFFICES:
Headquarters (Brazil)
Corporate Communications
embraer@idealhks.com
Cell: +55 11 98890 7777
Tel.: +55 11 4873 7984
North America
Alyssa Ten Eyck
ayeck@embraer.com
Cell: +1 954 383 0460
Tel.: +1 954 359 3847
Europe, Middle East and Africa
Guy Douglas
guy.douglas@nl.embraer.com
Cell: +31 (0)657120121
Tell: +31 (0)202158109
China
Mirage Zhong
mirage.zhong@bjs.embraer.com
Cell: +86 185 1378 5180
Tel.: +86 10 6598 9988
Asia Pacific
Nilma Missir-Boissac
nilma.boissac@sin.embraer.com
Cell: +65 9012 8428
Tel.: +65 6305 9955
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SOURCE Embraer S.A.