Embraer bullish on potential in China's regional aviation market

Brazilian conglomerate Embraer SA, a commercial aircraft manufacturer, said it is bullish on prospects in China's rapidly growing low-cost and regional aviation market, triggered by an increasing air travel demand from smaller Chinese cities.

The company, which makes commercial aircraft with a capacity of 150 seats, plans to introduce its latest single-aisle E195-E2 jets, the biggest ever built by Embraer, to the China market. The company said it is an ideal aircraft for growing regional business and complementing existing trunk line fleets, and is suitable for point-to-point flights among second-tier and third-and fourth-tier cities.

"With continuously rising local demand from second-and third-tier cities, China has introduced a series of favorable policies to support the development of regional aviation. This will create great market potential for aircraft with up to 150 seats. We are proud to keep pace with the growing industry," said Guan Dongyuan, senior vice-president of Embraer and president of Embraer China.