At a time when we all wish we could pull out a crystal ball to look into the future, key companies within the business aviation industry have grappled with their own predictions about what 2021 and beyond will bring—and Embraer has joined the chorus of cautious optimism balanced with the reality of a market that has flexed significantly amidst global uncertainty in 2020. In its own take, delivered alongside NBAA’s VBACE on December 2, Embraer’s leadership talked about the commercial side of the business as well as touching upon the uptick in business aviation usage over the summer and autumn.
Embraer Updates Phenom 100EV, Delivers Market Report
Key Takeaways:
- Embraer projects a significantly lower demand for commercial air travel in the 2020-2029 period due to economic slowdowns and reduced international trade, but expects its focus on smaller aircraft to be a strength.
- The company's business aviation segment, particularly the Phenom 300/300E, saw a banner year, becoming the most-delivered light jet for the eighth consecutive year, with business travel rebounding faster than commercial.
- Embraer introduced several upgrades to its entry-level Phenom 100EV light jet, enhancing its flight deck with new features and options.
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