FARNBOROUGH, UK – Embraer has released its Market Outlook 2014-2033 which details the Company’s forecast for deliveries of new 70 to 130-seat jet aircraft over the next twenty years. The report examines the main drivers contributing to air transport growth and reviews projected deliveries by world region.

The Market Outlook identifies a need for 6,250 jet aircraft in the 70 to 130-seat capacity category (2,300 units in the 70 to 90-seat segment and 3,950 units in the 90 to 130-seat segment). Replacement of ageing aircraft will represent 56% of new deliveries and 44% will support market growth. The world fleet-in-service of jets with up to 130 seats will increase from 3,850 aircraft in 2013 to 6,580 by 2033. The value of all deliveries is approximately USD 300 billion (list price).

70 to 130-Seat Jet Deliveries – Forecast by Region

RegionDeliveriesShare
North America2,01032%
Europe1,14018%
China1,02017%
Latin America70011%
Asia Pacific5208%
CIS3806%
Middle East2504%
Africa2304%
World (2014-2033)6,250 

Embraer expects jets in the 70 to 130-seat category to sustain hub-and-spoke efficiency, to complement narrow-body operations, to provide an optimal balance of frequency and seats, and to encourage new market development with lower-risk, incremental capacity.  Those roles will generate significant demand for new aircraft in the segment.

Embraer foresees worldwide demand for air transport, measured by revenue passenger kilometers (RPKs), increasing an average of 4.8% annually through 2033. By then, demand will reach 13.6 trillion RPKs for all commercial aviation segments.

By region, the Middle East and China will lead with annual RPK growth of 7.1% and 6.8% respectively, followed by Latin America at 6.0%. Asia Pacific, the CIS (Commonwealth of Independent States) and Africa will each have growth rates of around 5%. Because they are more mature markets, Europe (3.9%) and North America (2.7%) will grow more slowly.  By 2033, Asia Pacific and China will be the largest air travel markets in the world, accounting for a combined 40% of total global RPKs. Comparatively, Europe and North America will generate 36% of world demand.

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