RIO DE JANEIRO, Feb. 7 (Xinhua) -- Brazilian plane maker Embraer predicts that it will deliver 3,010 new planes, with each unit having up to 150 seats, to the Asia-Pacific region in the next 20 years.
In a statement, Embraer highlighted that the Asia-Pacific had enjoyed "rapid social and economic development" in recent decades, leading to increased revenue and expenditure by families.
According to Embraer, the 3,010 planes involved will account for 29 percent of the global demand in the next two decades, with the total estimated at 10,550 units.
It added that over 250 planes of between 50 and 150 seats in the Asia-Pacific are over 10 years old, as the operational lifespan of a commercial airliner is around 30 years.
The Brazilian manufacturer emphasized the case of China, saying that airlines in the Asian country had increased the number of flights to small and medium-sized cities "with subsidies" to boost the development of "regional aviation."
Embraer is the third-largest aircraft manufacturer in the world, behind Boeing and Airbus. Boeing is currently in negotiations to acquire Embraer, which would give Boeing a stake of up to 90 percent in the new venture, while the rest would be owned by the Brazilian government.
The deal now has to be approved by the Brazilian Ministry of Defense.
