PR Newswire | Nov 15, 2021 05:50AM EST

11/15 04:49 CST

Embraer Publishes 20-Year Market Outlook DUBAI, United Arab Emirates, Nov. 15, 2021

DUBAI, United Arab Emirates, Nov. 15, 2021 /PRNewswire/ -- Embraer (B3: EMBR3, NYSE: ERJ) has published its 20-year Market Outlook for commercial aircraft deliveries through 2040. The report was presented at a press briefing during the Dubai Air Show today.

The Market Outlook identifies trends that will influence demand for air travel and deliveries of new jet and turboprop aircraft up to 150 seats over the next two decades. Results are given for seven world regions.

Effects of the global pandemic have impacted global traffic recovery, measured in revenue passenger kilometers, which Embraer forecasts to grow 3.3% annually to 2040. The worldwide RPK volume of 2019 is expected to return in 2024.

Three key trends are shaping future demand for travel and aircraft:(i) Environment - airlines will acquire more fuel-efficient fleets(ii) Digitalization - advances in technology, including work-from-home and videoconferencing(iii) Regionalization - re-shoring to localize production and minimize supply-chain disruption.

Highlights of the 20-Year Commercial MarketOutlook

Global demand for new aircraft up to 150 seats 10,900 units

8,640 jets

2,260 turboprops

Market value of all new USD 650 billionaircraft

Annual RPK regional growth rate - ranked 4.2% Asia Pacific (includes China)

4.2% Latin America

3.8% Africa

3.6% Middle East

3.5% CIS

2.3% Europe

2.0% North America

RPK share by the end of the decade (2029) 41% Asia Pacific

36% Europe + North America

Jet deliveries (8,640) - ranked by 2,710 North America (31.4%)region

2,160 Asia Pacific (25.0%)

1,770 Europe (20.5%)

760 Latin America (8.8%)

640 CIS (7.4%)

320 Middle East (3.7%)

280 Africa (3.2%)

Turboprop deliveries (2,260) - ranked by 900 Asia Pacific (39.8%)region

430 Europe (19.0%)

430 North America (19.0%)

180 Africa (8.0%)

180 Latin America (8.0%)

100 CIS (4.4%)

40 Middle East (1.8%)

For the complete version of the 2021 Market Outlook, including analysis and regional synopses for each of the seven world regions, go to www.embraermarketoutlook2021.com

Follow us on Twitter: @Embraer

About Embraer

A global aerospace company headquartered in Brazil, Embraer has businesses in Commercial and Executive aviation, Defense & Security and Agricultural Aviation. The company designs, develops, manufactures and markets aircraft and systems, providing Services & Support to customers after-sales.

Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. On average, about every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats and the main exporter of high value-added goods in Brazil. The company maintains industrial units, offices, service and parts distribution centres, among other activities, across the Americas, Africa, Asia and Europe.

PRESS OFFICES:

Headquarters (Brazil) Corporate Communications embraer@idealhks.comCell: +55 11 98890 7777 Tel.: +55 11 4873 7984

North AmericaAlyssa Ten Eyck ayeck@embraer.comCell: +1 954 383 0460 Tel.: +1 954 359 3847

Europe, Middle East and AfricaGuy Douglasguy.douglas@nl.embraer.comCell: +31 (0)657120121 Tell: +31 (0)202158109

ChinaMirage Zhong mirage.zhong@bjs.embraer.comCell: +86 185 1378 5180 Tel.: +86 10 6598 9988

Asia PacificNilma Missir-Boissac nilma.boissac@sin.embraer.comCell: +65 9012 8428 Tel.: +65 6305 9955

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SOURCE Embraer S.A.