Aircraft
Embraer Sees Covid Leading to a Return to ‘Rightsizing’
Brazilian airframer Embraer bases new market demand conclusions on a muted projection for air travel growth through 2029.

Embraer’s projections of persistent downward pressure on airline travel demand due to Covid-19 influences—even beyond the time it expects the industry to return to 2019 levels in some three or four years—will serve to reinforce the Brazilian company’s market position as a return to “rightsizing” takes hold, company executives said Wednesday during a presentation of its latest 10-year market forecast for aircraft carrying up to 150 seats.