Embraer also anticipated a requirement for 575 new jets in the 30-120 seat category in Asia Pacific in the next 20 years.
71 percent of the anticipated demand is expected to support organic growth, with 29 percent to replace older aircraft.
Embraer is market leader in regional jets market.
The Brazilian manufacturer reported sales of US$5.5 billion per year and has 48 percent of the 30-110 seat aircraft market.
32 percent of its sales are distributed in Europe, 21 percent in the Asia-Pacific, and 23 percent in the USA.
The company has 16,000 staff and is listed on the Sao Paulo and New York stock exchanges.
The NZTE office in Sao Paulo is ready to help New Zealand exporters interested in exploring business opportunities with Embraer.
Source: AviationBusiness.com, NZTE in Sao Paulo
