Embraer Predicts Strong Bizjet Market

 - November 27, 2007, 6:16 AM

Embraer foresees a demand for 13,150 business jets worth some $201 billion over the next decade, according to its market outlook released last month. The Brazilian aircraft manufacturer’s projection includes 3,380 very light jets; 2,810 light jets; 1,230 “midlight” jets; 1,550 midsize jets; 1,470 super-midsize jets; 1,480 large-cabin jets; 920 ultra-long-range jets; and 310 ultra-large jets. The company also noted that if the new air-taxi market takes hold, another 3,500 to 4,400 VLJs could be added to its forecast.