Ambitious Days Ahead for Embraer

In the wake of its announcements that it will introduce two new executive aircraft next year, Embraer predicted a need for 7,500 regional jets between 2007 and 2026 in the 30- to 120-seat range but indicated the industry will continue to move toward larger equipment. Executive jet forecasts for the period grew to 11,115. The value of the orders for the two segments are pegged at $220 billion and $169 billion, respectively. The forecast of the value grew $40 billion for regional jets and $25 billion for executive jets since last year’s forecast. ERJ 170/190s are now at eight per month but Embraer expects to increase production to 12 per month next year and 14 per month in 2008. Deliveries next year for all segments of its business are expected to be between 160 and 165 aircraft and, for 2008, between 195 and 205. It is also implementing new production methods for the Phenom jets to achieve efficiencies that will result in producing between 17 and 22 per month.