Embraer May See 150 Regional-Jet Orders Through 2015
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Embraer SA, fresh off leading a round of U.S. regional jet orders, may sell as many as 150 planes through 2015 as carriers seek more economic upgrades, said Chief Executive Officer Frederico Curado.
The planemaker’s strategy of updating its jets rather than building an all-new family of planes is paying off as U.S. airlines are expected to substitute 600-800 50-seater regional jets for larger and more fuel-efficient planes, Curado said. Embraer foresees about 150 of those will be updated in the next two years. New competitors, like Mitsubishi Aircraft Corp., are failing to keep pace with Embraer.