Embraer Anticipates Almost 300 New Jet Sales in Middle East

Embraer expects to sell 295 business jets worth $13.5 billion over the next 10 years in the Middle East. According to the Brazilian manufacturer, Saudi Arabia and the United Arab Emirates now account for 61 percent of the active fleet in the region.

“The Middle East fleet is younger than the world average and accounts for 2 percent of the world’s total business jet fleet, equivalent to 360 aircraft,” said Marco Túlio Pellegrini, president and CEO of Embraer Executive Jets. “If including commercial jets, an Embraer airplane takes off every five minutes in the Middle East.”