Embraer Forecasts 9,100 Bizjets Worth $259B over Decade
This represents a modest annual growth rate of 3 percent, as well as a slight increase in deliveries compared with the previous 10-year period.
Embraer Executive Jets' 10-year demand forecast for business jets predicts sales of 9,100 aircraft worth $259 billion. Large jets will lead the market both in terms of number of units and valuation at 3,400 and $175 billion, respectively, but midsize jets are expected to regain some traction, selling 3,280 worth $66 billion, which is good news for Embraer's new Legacy 450 and 500. (Photo: Embraer)
Embraer Executive Jets' 10-year demand forecast for business jets predicts sales of 9,100 aircraft worth $259 billion. Large jets will lead the market both in terms of number of units and valuation at 3,400 and $175 billion, respectively, but midsize jets are expected to regain some traction, selling 3,280 worth $66 billion, which is good news for Embraer's new Legacy 450 and 500. (Photo: Embraer)