Las Vegas, Nevada, November 16, 2015 – Embraer Executive Jets released today its 10-year market outlook for business aviation at the National Business Aviation Association Convention and Exhibition in Las Vegas, NV. The Company forecasts a global demand of 9,100 new business jets, worth US$ 259 billion. This is the total market opportunity to be serviced by all manufacturers and represents a Compound Annual Growth Rate (CAGR) of 3% per year over the next 10 years. The analysis foresees that demand is likely to exceed the last decade’s deliveries and market value, when approximately 8,190 business jets were delivered, worth US$ 198 billion.
The new deliveries forecast reflects a higher potential demand coming from the US market as well as a reduction in the demand from emerging markets. The small and medium jet segments are expected to represent the majority of the market, with nearly two thirds of the total deliveries, benefiting mostly from the opportunities out of the North American and European markets.
The table below outlines the main breakdowns of the forecast.
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Global market outlook for business aviation per region
Click on the link below for further details. https://eej.imagerelay.com/sb/0d4dcece-d80b-40c9-9306-c681317614c0 About Embraer Executive Jets Embraer is one of the world’s leading executive jet manufacturers, having entered the business aviation market in 2000 with the Legacy jet, which led to the launch of Embraer Executive Jets in 2005. Its portfolio, the broadest in the market, consists of the entry-level Phenom 100E and the Phenom 300 light jet, the Legacy 500 midsize and Legacy 450 mid-light, the super-midsize Legacy 600 and large Legacy 650, and the ultra-large Lineage 1000E. Completing 10 years in the market, Embraer Executive Jets’ global fleet exceeds 930 aircraft, which are in operation in more than 60 countries and are supported by the Company’s global Customer Support and Services network of 75 owned and authorized service centers, complemented by a 24/7 Contact Center, at its headquarters, in Brazil. Follow us on Twitter: @Embraer Embraer S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) is the world’s largest manufacturer of commercial jets up to 130 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, China, France, Portugal, Singapore and the U.S. Founded in 1969, the Company designs, develops, manufactures and sells aircraft and systems for the commercial aviation, executive aviation, and defense and security segments. It also provides after-sales support and services to customers worldwide. For more information, please visit www.embraer.com.br.
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