PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Empresa Brasileira de Aeronáutica S.A.

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Embraer Releases China Executive Aviation Market Outlook 2014-2023 - Embraer Executive Jets presented its China Executive Aviation Market Outlook 2014-2023 during the press conference held today at the Chinese International Business Aviation Show (CIBAS) 2013, in Beijing, China - EmbraerExecutiveJets.com
Embraer Releases China Executive Aviation Market Outlook 2014-2023

 

NewswireToday - /newswire/ - Beijing, China, 2013/09/10 - Embraer Executive Jets presented its China Executive Aviation Market Outlook 2014-2023 during the press conference held today at the Chinese International Business Aviation Show (CIBAS) 2013, in Beijing, China - EmbraerExecutiveJets.com. NYSE: ERJ; Bovespa: EMBR3

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Company forecasts that a total of 805 executive jets will be demanded by the Chinese market over the next decade. The large-cabin business jet class is expected to represent 51% of this demand, accounting for 78% of the total value of deliveries.

“Over the past 12 years, Embraer has built a strong position as one of the top business jet manufacturers, with a full line of state-of-the-art products that meet and exceed the expectations of customers worldwide,” said Guan Dongyuan, Senior Vice President of Embraer and President of Embraer China. “Embraer’s decade-long investment in China’s commercial aviation market has resulted in a fleet of 120 commercial jets in service, and we are now building our presence in the Chinese executive aviation market, affording our executive jet customers the high quality service and support that our airline customers already enjoy.”

Embraer maintains a favorable forecast for the Chinese executive aviation market potential, based on comprehensive studies of the country’s economic scenario. China’s fleet of executive jets has experienced an average annual expansion of 27%, fueled by a 26% growth of the wealthiest population, from 2008 to 2012, according to the data released by Hurun Report, which is considered to be one of the most influential publications of the luxury genre in the country.

In addition, the overall environment calls for the development of executive aviation, in order to meet the demand for direct business and leisure travel, beyond the destination and schedule limitations of the airlines. The Company’s market outlook also highlights infrastructure improvements as catalysts to executive aviation growth in China, with the number of Fixed-Base Operators (FBO) expected to increase to nine, up from the current five.

Since 2004, when its first executive jet was delivered to this region, Embraer (embraer.com) has booked orders for 38 executive jets in China, including five options. Leveraging its commercial jets service network and facilities, the Company has several Authorized Service Centers for executive jets customers in the Greater China region, offering tailor-made efficient service and support.

Upholding its commitment to the Chinese market, Embraer built an executive jets assembly line in the country. In June 2012, Embraer inked the agreement with Aviation Industry Corporation of China (AVIC) to cooperate on the Legacy 600 and Legacy 650 programs, using the existing infrastructure of their joint venture, Harbin Embraer Aircraft Industry Co. Ltd. (HEAI). In late August, the first Legacy 650 large executive jet assembled by HEAI successfully completed its maiden flight, with delivery scheduled for the end of this year.

For more information about Embraer Executive Jets, visit EmbraerExecutiveJets.com/.

North America
Robert Stangarone - E: rstangarone[.]embraer.com.
Cell: +1 954 260 9939 / T: +1 954 359 3101 / F: +1 954 359 4755

Europe, Middle East and Africa
Hervé Tilloy - E: herve.tilloy[.]embraer.fr.
Cell: +33(0)6 08 64 35 45 / T: +33(0)1 49 38 45 30 / F: +33(0)1 49 38 44 56

China
Mirage Zhong - E: mirage.zhong[.]bjs.embraer.com.
Cell: +86 138 1191 8053 / T: +86 10 6598 9988 / F: +86 10 6598 9986

Asia Pacific
Shorbani Roy - E: shorbani.roy[.]sin.embraer.com.
Cell: +65 9794 2401 / T: +65 6305 9955 / F: +65 6734 8255.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Empresa Brasileira de Aeronáutica S.A.

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


Embraer Releases China Executive Aviation Market Outlook 2014-2023

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Legacy 650 | Embraer
Publisher Contact: Press Office - Embraer.com 
+55 12 3927 1311 press[.]embraer.com.br
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Empresa Brasileira de Aeronáutica S.A. securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Empresa Brasileira de Aeronáutica S.A. / Company Profile


Read Aviation/Aerospace Most Recent Related Newswires:

EPI Signs Support Contract for TP400 Engines Powering Malaysia’s A400M Military Aircraft
Embraer Flies Fourth E190-E2 Prototype and Advances in the Certification Campaign
Successful Syndication of A €4bn Acquisition Bridge Facility for Safran
Brazil’s Azul Becomes the E195-E2 Launch Operator
Boeing 737 MAX 8 with CFM LEAP-1B Engines Receives FAA Certification
Leonardo Strengthens Strategic Partnership with Shanghai Zenisun in the Chinese Civil Helicopter Market
Leonardo's Air Traffic Control Innovations Are on Show At the 2017 World Air Traffic Management (ATM) Congress in Madrid
Bell Helicopter and Safran Celebrate First Delivery of the Bell 505 Jet Ranger X
Embraer Rolls Out the E195-E2 - The Most Efficient Next-Generation Commercial Jet in the World
Leonardo - Milestone Aviation Places Order for AW169 And AW139 Helicopters
PPG, PPG Aerospace Sealants Europe Receive Airbus Best Performer Awards
Exhibition At Turin Airport Spotlights Thales Alenia Space’s Contribution to Space Programs
A321neo with CFM LEAP-1A Engines Receives Joint EASA / FAA Certification
PPG to Exhibit Aerospace Products and Services At Avalon 2017 Australia International Airshow
Safran Enhances its Jet Engine Nacelle Support Capabilities with A New Center of Excellence for Maintenance, Repair and Overhaul

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)