Embraer’s Crystal Ball on Bizav Market…

 - October 9, 2006, 7:16 AM

Embraer, a recent but aggressive entrant in business aviation, predicts that manufacturers will sell 9,680 new business jets during the next 10 years, representing an annual growth rate of 4.4 percent over current sales. With the regional airlines’ appetite for regional jets largely sated, the Brazilian airframer has set its sights on becoming a major player in the business aviation market within 10 years and now has four offerings, ranging from the Phenom 100 VLJ to the E190 airliner-based Lineage 1000.