Embraer hopeful E2 jets can break into U.S. market, CEO says

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Brazilian planemaker Embraer has been trying to sell U.S. carriers on the merits of its E195-E2 jet as a 'small narrow-body', even as demand in its No.1...

SAO PAULO - Brazilian planemaker Embraer has been trying to sell U.S. carriers on the merits of its E195-E2 jet as a "small narrow-body", even as demand in its No.1 market has remained focused on the smaller, first generation E175-E1.

Breaking into the U.S. market with E2 family would be an important step for the planemaker to further improve its production mix, which this year should show for the first time more second generation jets being delivered than first generation ones. "It's a very efficient aircraft. When you fly it with an 80% load factor it's very, very profitable, and that's the point we've been trying to show the U.S. majors."That doesn't mean, however, that demand for the E175-E1 would necessarily drop, the executive noted, adding that the company forecasts demand of at least 300 aircraft within the next 10 years.

I bought a Tesla Model 3 to drive long distances. It's easier and more affordable than I expected, but there's one downside.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines