more-inIndia’s appetite for the 70-seater to 150-seater aircraft categories still lags its BRICS peers, said an Embraer official. On the flip side, Mr. Pereira pointed out, India remained an important market and was the fastest-growing in Asia. Market conditions for business jets in the country had stabilised, said Embraer vice president (Sales), Asia Pacific and Middle East Claudio Camelier. The Embraer private fleet in India comprises 17 jets with five in possession of the government. The company has projected that worldwide, there would be 750 deliveries of business jets across suppliers per year for the next 10 years.

Source: The Hindu March 09, 2018 16:52 UTC