Economics
Embraer Expects Demand for 1,500 Jets in the Asia Pacific Region
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Embraer SA, Brazil’s biggest planemaker, expects demand for regional jets in Asia Pacific to reach 1,500 in the next two decades as economic growth encourages more people to fly.
China alone is expected to need 900 aircraft with 70-130 seats in the next 20 years, Paulo Cesar Silva, head of Embraer’s commercial jet business, said in an interview with Bloomberg Television in Singapore.