Brazil's Embraer eyes China's booming air cargo market

2022 03 23


BRAZILIAN plane-maker Embraer is optimistic about China's booming aircargo market, with the company willing to support the sector's further progress in cooperation with local partners, reports Xinhua.

"China has played key roles in sustaining the global supply chain and industrial chain, especially during the global pandemic period, highlighting the value of the air-cargo sector," said Embraer China managing director Guo Qing.

The country's growth will create new market opportunities for global players.

China's market is powered by demands from the ecommerce and logistics sectors.

It also shows unique demands and market ecology in line with the country's social-economic conditions.

In 2021, China handled 108.3 billion express parcels, a 29.9 per cent year-on-year increase.

"An upgraded air-cargo market will be greatly powered by China's dual circulation development paradigm, where domestic and overseas markets reinforce each other," said Mr Guo.

Mr Guo declared the country's consumption upgrade will promote the logistics industry.

"Both upgrades will demand faster and more efficient air logistics services. Embraer has recently launched the E-Jet series passenger-to-freighter aircraft conversion project to provide small-and-crossover standard-body freighters to the market," said Mr Guo.

The Chinese market is forecast to demand 240 freighters of this size, accounting for 34 per cent of the global total.

Said Embraer China chief operating officer Mike Xu: "Aside from various aircraft models, Embraer can also provide customers with full life-cycle services ranging from spare-parts support to financial leasing, among others.

"Together with local partners, we have also established a complete pilot training network to better serve our Chinese customers," Mr Xu said.

Source Shipping Gazette

Shipping Gazette


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