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Brazilian aircraft maker Embraer's decision to target regional jet market pays off

from National Post

The battle for global regional jet supremacy is over. Embraer, the feisty Brazilian aircraft maker, has won a huge victory worth tens of billions of dollars, crushing Bombardier, its beleaguered Canadian rival. Since Embraer began producing E-Jets in 2004, it has received 1,500 orders from about 60 airlines in 48 countries. With top-sellers E175, E190 and E195, it has captured 62 per cent of the regional jet market and is now consolidating that lead by spending $1.7 billion to develop three more fuel-efficient variants of the E-Jet-E2. more

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