Phenom 300 Approved in China as Embraer Sees Growth
The Civil Aviation Administration of China issued Embraer with a type certificate for its Phenom 300 light jet on the first day of Airshow China 2012 in Zhuhai. The Chinese authorities have now approved all five of the Brazilian manufacturer’s in-production business aircraft. Embraer China president Guan Dongyuan told a press conference that to date it has sold 28 of these (plus options for five more) to customers in China.
According to a new market forecast from Embraer, China will generate demand for 650 business aircraft between now and 2022, with a total value of $24 billion. This represents about 9 percent of worldwide deliveries anticipated over this period. The company is displaying a new interior for its Legacy 650 jet in Zhuhai, as well as a Phenom 300.
Meanwhile, Embraer also sees significant growth in China’s regional airline sector. In another new forecast issued at Airshow China, it said that the vast country will account for 15 percent of worldwide deliveries in the 61- to 120-seat sector over the next 20 years. The airframer predicts demand in China for 1,005 aircraft in this class between now and 2031, including 455 in the 61- to 90-seat sector and 550 more for 91- to 120-seat models.