Embraer projects market demand of 1,540 new jets in 70 to 130 seats segment for Europe and the CIS

Embraer forecasts a market demand of 1,540 new aircraft in the 70 to 130-seat jet segment (valued at US$80 billion at list price) in Europe and the CIS over the next 20 years. Currently, there are 29 airlines operating Embraer jets in both regions. According to International Air Transport Association (IATA), European carriers’ total traffic increased by 3.5%, while load factor climbed to 81.9% in the first eight months of 2016. Air transport demand growth continues to face a number of headwinds, including terrorist attacks and political instability in parts of the region. However, the capacity/demand balance has been sustained