Demand Forecast by Embraer

As per an assessment by Embraer, over the next 20 years, there will be a steady market demand for 10,550 new aircraft with up to 150 seats worldwide, worth $600 billion. Market growth will drive 55 per cent of the total demand and the remaining 45 per cent will be delivered to replace ageing aircraft. While region-specific outlook varies considerably, efficiency and sustainability remain the underlying drivers to support the projected market demand. The up-to-150-seat segment will form an ever more integral part of the global air transport eco system.

“Despite great results that have been shown by the industry since 2015, when the EBIT Margin touched the unprecedented level of 8.6 percent, we have seen those margins falling, systematically: 8.5 per cent in 2016, 7.5 per cent in 2017, 5.8 per cent in 2018,” said John Slattery, President & CEO, Embraer Commercial Aviation.