“The economy is getting better this year,” said Claudio Camelier, Embraer vice president of market intelligence executive jets, but it will take some time for the business jet market to climb back to the peak of $22 billion worth of deliveries it reached in 2008. A significant factor affecting new business jet sales is the number of used aircraft on the market, which peaked last year and remains high. “Many may never find new owners again,” he said.
Embraer brought its entire business jet lineup to EBACE this year, including the Phenom 100 and 300, Legacy 600, Lineage 1000 and a fuselage mockup of the Legacy 500. The seven jets in Embraer’s executive jet division neatly fill almost all the market niches in the business jet field, with one glaring exception, an ultra-long-range model. Asked about that hole in Embraer’s lineup, Camelier replied, “It’s there and we keep looking at it.”
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