Embraer: Growing market in Africa needs 240 jets
This is according to market estimates by Embraer. The Brazilian aircraft manufacturer is attending this week the International Marrakech Air Show in Morocco.
According to a survey done by the company, the African market is growing, there’s an expanding urban middle class, regional integration and a liberalization of the aviation market, factors that drive up the demand for routes and aircrafts.
At the same time, companies are operating with aircraft with greater capacity than required by the routes, which reduces the occupancy rate of the aircrafts.
Embraer’s estimate is that until 2034 the fleet of 70-130 passenger-aircraft will more than double up.
Currently, there are 120 aircraft of this category in operation. In 2034, they should reach 260. From these currently in operation, nearly 40 of them were manufactured by Embraer. ■