07 Feb '18, 7pm

#SingaporeAirshow: #Embraer Projects Asia-Pacific’s Aircraft Forecast https://t.co/ldHOlV2uyx

#SingaporeAirshow: #Embraer Projects Asia-Pacific’s Aircraft Forecast https://t.co/ldHOlV2uyx

MIAMI — Embraer has released its aircraft forecast for the Asia-Pacific region at the 2018 Singapore Airshow. The manufacturer believes that airlines across the continental region will take delivery of around 3,010 new aircraft in the segment with up to 150 seats plus over the next twenty years. This represents about 29% of the total worldwide demand for that specific market. The total demand for the segment over the next two decades is around 10,550 new aircraft. READ MORE: Analysis: Boeing and Embraer Confirm Discussions on Potential Combination This forecast is a result of the experienced rapid social and economic development of the continent in the past decade. The region’s annual GDP growth rate is forecasted at 3.9% for the next 20 years, which is combining itself with increasing urbanization and shifting demographic patterns, which will ultimately result in higher h...

Full article: https://airwaysmag.com/industry/singapore-airshow-embraer...

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