Embraer Projects Demand of 3,010 New Deliveries in the Segment Up to 150-seats in Asia Pacific
(Source: Embraer; issued February 7, 2018)
SINGAPORE --- Embraer Commercial Aviation released today, at the Singapore Airshow, its market forecast for the Asia Pacific region. The Company estimates airlines will take delivery of 3,010 new aircraft in the segment up to 150-seats over the next 20 years, representing 29% of the worldwide demand for the segment, in the period. The total demand for the segment is for 10,550 new aircraft over the next 20 years.
Asia Pacific has experienced rapid social and economic development in recent decades. The region’s above-average economic expansion, with a projected annual GDP growth rate of 3.9% for the next 20 years, combined with increasing urbanization and shifting demographic patterns, will result in higher household incomes and increased discretionary spending, including air travel.
“The ongoing over-capacity and intense competition in the region has prevented airlines from delivering higher profits. In this regard, the E-Jets E2 can help airlines to open new markets at the lowest possible risk, complement larger fleet types to maximize profit, and achieve sustainable growth with higher profitability,” said César Pereira, Vice-President for Asia-Pacific, Embraer Commercial Aviation.
“We continue to identify to airlines opportunities in markets that are currently underserved or not served at all. With the E2’s, we can offer great operational flexibility, broaden the network reach to 2nd and 3rd tier cities, adding frequency to build competitive advantage and access to more airports without any limitations,” explains Pereira.
The Chinese start-up airlines will grow from small and mid-sized cities with subsidies to propel the development of the regional aviation. The region needs a shift in focus from competing to creating new market space and seeking out untapped opportunities.
One great opportunity in the region for the E-Jets is the aging incumbent fleet, where there are more than 250 jets in the 50 to 150-seat category over 10 years of age, which will become targets for replacement in the near future.
Embraer is the world’s leading manufacturer of commercial jets with up to 150 seats. The Company has 100 customers from over 60 countries operating the ERJ and the E-Jet families of aircraft. For the E-Jets program alone, Embraer has logged more than 1,800 orders and over 1,400 deliveries, redefining the traditional concept of regional aircraft by operating across a range of business applications.
Bombardier Foresees 2,050 New Aircraft for Asia-Pacific by 2036
(Source: Bombardier; issued Feb 06, 2018)
SINGAPORE --- Bombardier Commercial Aircraft’s 2017-2036 Market Forecast, covering the 60- to 150-seat segment, shows that the Asia-Pacific region, which Bombardier defines as Asia without Greater China, is forecasted to undergo impressive growth over the next 20 years.
This region is expected to take delivery of 2,050 aircraft, or 16 per cent of a worldwide market for 12,550 aircraft valued at $820 billion U.S. Asia-Pacific deliveries should consist of 1,050 large regional aircraft (50 to 100 seats) and 1,000 small single-aisle aircraft (100 to 150 seat).
“Asia-Pacific region is the home of the fastest growing economies. Strong GDP growth and a booming middle class should drive passenger traffic numbers to triple in the next 20 years,” said Francois Cognard, Vice President, Sales, Asia-Pacific, Bombardier Commercial Aircraft. “Bombardier aims to build upon its strong foundation in Asia-Pacific. Due to the demand for more frequencies and more city pairs to increase connectivity between smaller communities, there is a great opportunity to continue to support the expected growth with high-performing regional and small single-aisle aircraft.”
The drive for domestic and regional connectivity means that the fastest traffic growth in the region would be seen from small and medium sized cities with challenging airports. This is creating an increased number of point-to-point routes where the traffic is insufficient to allow economical operation of a larger single aisle aircraft. Thus, the increasing demand for high-performing regional and small single-aisle aircraft.
In the region, over 60% of all routes flown today have demand for less than 150 passengers per day. The forecast says that by 2036, intra-regional traffic will account for 80 per cent of all Asia-Pacific demand, with the majority of passengers taking short haul flights of under 500 nautical miles (925 km).
Bombardier Footprint in Asia-Pacific
Over 40 operators are flying or will soon be flying a total of 330 Bombardier regional and small single-aisle aircraft in the region and 27 of these operators fly more than 260 Q Series turboprops. Bombardier’s Q400 aircraft is the only turboprop that can seat up to 90 passengers. SpiceJet is the launch customer for the 90-seat configuration, having placed an order for up to 50 of this type to support regional connectivity in India. Nok Air and Philippine Airlines also operate the Q400 in a high-density 86-seat configuration.
There are 50 CRJ Series aircraft already flying in Asia-Pacific with 13 operators, such as IBEX Airlines of Japan. Recently, many start-up airlines in Asia-Pacific have selected the CRJ200 as the right aircraft to commence operations with. These include Zoom Air of India, Shree Airlines & Saurya Airlines of Nepal, and Air Pohang of Korea. Globally, 68% of all CRJ200 operators have gone on to operate larger CRJ700/900/1000 aircraft.
Bombardier developed its all new C Series aircraft, to fill an emerging 100- to 150-segment between large regional jets and large single-aisle aircraft. The launch customer for the C Series in Asia was Korean Air, who ordered 10 CS300 with 10 options. Korean Air have taken delivery of two CS300 aircraft to date, and had their first revenue flight from Seoul to Ulsan on January 20, 2018.
Bombardier is the world’s leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.