Tag: aircraft industry

Embraer Forecasts 6,400 New 70- To 130-Seat Jets Globally By 2036

Reading Time: 1 minute Embraer predicts 6,400 new 70- to 130-seat commercial jets will be delivered worldwide by 2036, valued at $300 billion, according to the Brazilian manufacturer’s new 2017 Market Outlook report. The overall number of projected deliveries shows a moderate uptick of 50 to-be-delivered jets from last year’s 20-year market forecast. The company said 63% of the […]

Russia To Allocate Over $700M To Support National Aircraft Industry

Reading Time: 1 minute Russian government is planning to allocate more than 40 billion rubles (approximately $702 million) for the support of the national aircraft industry this year, Medvedev said Wednesday. “In total, about 41 billion rubles is provided for support of aircraft production this year,” Medvedev said at the conference on supporting national aircraft industry in Ulyanovsk. Medvedev […]