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Wed, Nov 05, 2008

Embraer Releases First Chinese Market Outlook

Sees Need For 875 Regional Aircraft By 2028

Embraer released its first market outlook dedicated to the Chinese market at a press conference held Tuesday at Airshow China 2008. The market outlook provides a series of analyses based on the evolution of the Chinese air transportation industry, and presents Embraer’s vision of the future development trends of the regional segment.

In line with the expansion of China’s aviation market, Embraer forecasts a total demand of 875 new regional aircraft, over the next 20 years, consisting of 120 for 30-60 seats, 295 for 61-90 seats, and 460 for 91-120 seats.

The forecast also predicts the air transportation industry will continuously push for greater fuel efficiency and give more attention to environment-friendly equipment, which, Embraer believes, will further encourage the development of this industry in China. The company notes its Embraer 190 presents a 27% lower fuel cost than a comparable 150-passenger Boeing or Airbus narrowbody.

Embraer adds if all Chinese flights carrying less than 100 passengers could be "right-sized" with 100-seat jets, an annual fuel savings of 180,000 tons can be expected, which means a reduction of 565,000 tons of CO2 and 2.68 million tons of NOx emissions.

"Announcing its market outlook at the largest and most influential aviation trade show in China shows that Embraer highly regards the Chinese market," said Mr. Guan Dongyuan, President – Embraer China. "We believe that the future of the Chinese regional aviation market will generate great opportunities for the players in the aviation industry. Embraer is fully committed to such a market and is well prepared to provide it with outstanding products and services."

The entire study – "Embraer China Market Outlook (2009-2028)" – can be found at Embraer's web site, in English and Chinese.

FMI: www.embraer.com

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