Brazilian plane maker Embraer expects demand for new aircraft with up to 150 seats to reach 10,950 deliveries worth $650 billion over the next two decades, holding steady from last year's forecast.
Replacing older aircraft will account for 57 per cent of all new deliveries, while 43 per cent will be used for growth, it said in its 20-year market outlook for the sub-150 seat commercial aircraft segment, which was released at Farnborough Airshow in the UK on Tuesday.
Of the 10,950 small jets and turboprops, 3.8 per cent or 330 units will be delivered to the Middle East.
"The trend to smaller aircraft reflects overall lower demand growth, traffic patterns favouring short-haul versus long-haul, an increasing need for flexibility, connectivity, efficiency, and fleet and network transition to a decarbonised industry through new technology," said Embraer, the world's third-biggest aircraft manufacturer behind Boeing and Airbus.
Embraer's outlook remains little changed from last year's forecast for 10,900 aircraft. The manufacturer specialises in smaller, regional planes.
Short-haul flights will drive demand for 2,280 new turboprops globally over the next 20 years, mostly focused in Asia Pacific, Europe and North America, Embraer said. The Middle East makes up 1.8 per cent or 40 units of these, it said.
Embraer is in the process of selecting an engine maker to power its proposed passenger turboprop aircraft and expects to make a decision by the end of this year, Arjan Meijer, chief executive of Embraer’s commercial aircraft unit, told The National last month.
The company is in advanced talks with conventional manufacturers Pratt & Whitney, Rolls-Royce and GE, he said.
Embraer plans to launch the turboprop programme by mid-2023, with entry into service scheduled for early 2028.
The manufacturer expects global passenger demand for air travel, measured by revenue passenger kilometres (RPKs), to increase at an average annual rate of 3.2 per cent through to 2041 — roughly in line with last year's estimate of 3.3 per cent growth.
"The rate is a notable deceleration compared to pre-pandemic growth rates for the next two decades, a reflection of the effects of the pandemic itself, expected deceleration of the global economy and effects of the Russia-Ukraine conflict," Embraer said.
Over the next 20 years, Asia Pacific (including China) will show the strongest growth, increasing travel demand by 4.3 per cent annually, the plane maker said. This will be followed by Latin America (4 per cent), Africa (3.8 per cent), the Middle East (3.2 per cent), Europe (2.3 per cent, including CIS) and North America (2 per cent).
Embraer also expects the continued strong growth in e-commerce to create new opportunities for smaller all-cargo jet aircraft and for more passenger-to-freighter jet conversions.
"Smaller aircraft are gaining relevance in the cargo industry and there is a gap to bridge between turboprops and large standard-body jets," it said. "That gap is ideal for small and crossover standard-body jets."
Since jets fly faster than turboprops, they can reach more distant destinations, provide essential additional time-on-ground for loading and keep up with market growth, according to the outlook. They can replace or complement larger standard-body jets in reaching decentralised regions because they can offer more competitive costs per trip.
Going grey? A stylist's advice
If you’re going to go grey, a great style, well-cared for hair (in a sleek, classy style, like a bob), and a young spirit and attitude go a long way, says Maria Dowling, founder of the Maria Dowling Salon in Dubai.
It’s easier to go grey from a lighter colour, so you may want to do that first. And this is the time to try a shorter style, she advises. Then a stylist can introduce highlights, start lightening up the roots, and let it fade out. Once it’s entirely grey, a purple shampoo will prevent yellowing.
“Get professional help – there’s no other way to go around it,” she says. “And don’t just let it grow out because that looks really bad. Put effort into it: properly condition, straighten, get regular trims, make sure it’s glossy.”
Specs
Engine: 51.5kW electric motor
Range: 400km
Power: 134bhp
Torque: 175Nm
Price: From Dh98,800
Available: Now
Zimbabwe v UAE, ODI series
All matches at the Harare Sports Club
- 1st ODI, Wednesday, April 10
- 2nd ODI, Friday, April 12
- 3rd ODI, Sunday, April 14
- 4th ODI, Sunday, April 16
Squads:
- UAE: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Mohammed Usman, CP Rizwan, Chirag Suri, Mohammed Boota, Ghulam Shabber, Sultan Ahmed, Imran Haider, Amir Hayat, Zahoor Khan, Qadeer Ahmed
- Zimbabwe: Peter Moor (captain), Solomon Mire, Brian Chari, Regis Chakabva, Sean Williams, Timycen Maruma, Sikandar Raza, Donald Tiripano, Kyle Jarvis, Tendai Chatara, Chris Mpofu, Craig Ervine, Brandon Mavuta, Ainsley Ndlovu, Tony Munyonga, Elton Chigumbura
More from Neighbourhood Watch
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UAE currency: the story behind the money in your pockets
Titanium Escrow profile
Started: December 2016
Founder: Ibrahim Kamalmaz
Based: UAE
Sector: Finance / legal
Size: 3 employees, pre-revenue
Stage: Early stage
Investors: Founder's friends and Family
Six large-scale objects on show
- Concrete wall and windows from the now demolished Robin Hood Gardens housing estate in Poplar
- The 17th Century Agra Colonnade, from the bathhouse of the fort of Agra in India
- A stagecloth for The Ballet Russes that is 10m high – the largest Picasso in the world
- Frank Lloyd Wright’s 1930s Kaufmann Office
- A full-scale Frankfurt Kitchen designed by Margarete Schütte-Lihotzky, which transformed kitchen design in the 20th century
- Torrijos Palace dome
How to wear a kandura
Dos
- Wear the right fabric for the right season and occasion
- Always ask for the dress code if you don’t know
- Wear a white kandura, white ghutra / shemagh (headwear) and black shoes for work
- Wear 100 per cent cotton under the kandura as most fabrics are polyester
Don’ts
- Wear hamdania for work, always wear a ghutra and agal
- Buy a kandura only based on how it feels; ask questions about the fabric and understand what you are buying
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
BMW M5 specs
Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor
Power: 727hp
Torque: 1,000Nm
Transmission: 8-speed auto
Fuel consumption: 10.6L/100km
On sale: Now
Price: From Dh650,000
Apple product price list
iPad Pro
11" - $799 (64GB)
12.9" - $999 (64GB)
MacBook Air
$1,199
Mac Mini
$799
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
KILLING OF QASSEM SULEIMANI
