Embraer looks to India and the world to build its first turboprop aircraft

Doha: Brazilian aircraft manufacturer Embraer SA is exploring strategic partnerships globally, including in India, to build its first turboprop aircraft, the commercial director of its commercial division said recently.

“Strategic partnerships are one of the pillars on which Embraer will move forward and we would be remiss not to consider India in this regard. India has great partners,” Martyn Holmes told ET on the sidelines of the Annual General Meeting of International Air. Transport Association (IATA) in Doha.

It is the first time that Embraer has built an aircraft with such global strategic financial and industrial partnerships, he said.

“We are talking to a number of potential partners around the world and some of them are in India. These could be industrial and/or financial partnerships,” Holmes said, without giving further details.

Embraer previously sought to develop its first turboprop as part of a $4 billion merger of its business operations with Boeing. The planned reconciliation was canceled by the American aircraft manufacturer in April 2020, which led Embraer to start the search again. Another country Embraer is looking for potential partnerships is South Korea, according to reports.

Holmes said the partnerships could result in risk sharing on the project.

Embraer plans to launch the aircraft early next year and have it in service by 2028, Holmes said.

Despite cases of closure of many regional airlines or financial difficulties in India, Holmes said he was positive about the segment.

A number of regional airlines have gone out of business in recent years. Some are facing serious financial problems. The last example is

carrier Trujet, whose aircraft lessors sought to unsubscribe for non-payment of rents.

A rare survivor in this segment is Star Air, which flies Embraer ERJ 145 jets. “I think we’re at this point where the potential (for regional aviation) could be realized in the short to medium term,” Holmes said. .

(The journalist was in Doha at the invitation of IATA)

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