DUBAI, United Arab Emirates, Nov. 15, 2021 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) has published its 20-year Market Outlook for commercial aircraft deliveries through 2040. The report was presented at a press briefing during the Dubai Air Show today.
The Market Outlook identifies trends that will influence demand for air travel and deliveries of new jet and turboprop aircraft up to 150 seats over the next two decades. Results are given for seven world regions.
Effects of the global pandemic have impacted global traffic recovery, measured in revenue passenger kilometers, which Embraer forecasts to grow 3.3% annually to 2040. The worldwide RPK volume of 2019 is expected to return in 2024.
Three key trends are shaping future demand for travel and aircraft:
(i) Environment – airlines will acquire more fuel-efficient fleets
(ii) Digitalization – advances in technology, including work-from-home and videoconferencing
(iii) Regionalization – re-shoring to localize production and minimize supply-chain disruption.
Highlights of the 20-Year Commercial Market Outlook |
|
Global demand for new aircraft up to 150 seats |
10,900 units |
8,640 jets |
|
2,260 turboprops |
|
Market value of all new aircraft |
USD 650 billion |
Annual RPK regional growth rate – ranked |
4.2% Asia Pacific (includes China) |
4.2% Latin America |
|
3.8% Africa |
|
3.6% Middle East |
|
3.5% CIS |
|
2.3% Europe |
|
2.0% North America |
|
RPK share by the end of the decade (2029) |
41% Asia Pacific |
36% Europe + North America |
|
Jet deliveries (8,640) – ranked by region |
2,710 North America (31.4%) |
2,160 Asia Pacific (25.0%) |
|
1,770 Europe (20.5%) |
|
760 Latin America (8.8%) |
|
640 CIS (7.4%) |
|
320 Middle East (3.7%) |
|
280 Africa (3.2%) |
|
Turboprop deliveries (2,260) – ranked by region |
900 Asia Pacific (39.8%) |
430 Europe (19.0%) |
|
430 North America (19.0%) |
|
180 Africa (8.0%) |
|
180 Latin America (8.0%) |
|
100 CIS (4.4%) |
|
40 Middle East (1.8%) |
For the complete version of the 2021 Market Outlook, including analysis and regional synopses for each of the seven world regions, go to www.embraermarketoutlook2021.com
Follow us on Twitter: @Embraer
About Embraer
A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.
Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.
Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centres, among other activities, across the Americas, Africa, Asia and Europe.
PRESS OFFICES:
Headquarters (Brazil)
Corporate Communications
[email protected]
Cell: +55 11 98890 7777
Tel.: +55 11 4873 7984
North America
Alyssa Ten Eyck
[email protected]
Cell: +1 954 383 0460
Tel.: +1 954 359 3847
Europe, Middle East and Africa
Guy Douglas
[email protected]
Cell: +31 (0)657120121
Tell: +31 (0)202158109
China
Mirage Zhong
[email protected]
Cell: +86 185 1378 5180
Tel.: +86 10 6598 9988
Asia Pacific
Nilma Missir-Boissac
[email protected]
Cell: +65 9012 8428
Tel.: +65 6305 9955
SOURCE Embraer S.A.
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