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FARNBOROUGH, UK: July 16, 2018. United Airlines has ordered 25 Embraer E175 jets at a cost of US$1.1 billion with deliveries beginning in the second quarter of next year.

Embraer FarnboroughThe Brazilian manufacturer forecasts market demand for aircraft with up to 150 seats to reach 10,550 over the next 20 years and be worth US$600 billion.

By 2037, Embraer expects the Middle East and Asia-Pacific to be the fastest growing markets, with an annual growth rate of 5.7 percent, followed by Latin America (5.2 percent), Africa (4.8 percent), Europe (3.7 percent), the Commonwealth of Independent States (CIS) with 3.6 percent and North America (2.7 percent).

Airline fleets are expected to increase from 9,000 to 16,000 aircraft in the next two decades with market growth driving 65 percent of the demand, with the remainder replacing ageing aircraft.

“The new E-175 aircraft will provide our customers with a superior product that offers the latest in onboard amenities and comfort,” said Gerry Laderman, United's senior vice president of Finance and Acting CFO. “These aircraft will be a terrific addition to our fleet, and we are excited to begin taking delivery of the aircraft early next year.”

Embraer has now sold over 420 E175s to airlines in North America since January 2013.

Pictured: John Slattery, president & CEO of Embraer Commercial Aviation at Farnborough 2018

 

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