Lineage 1000 debuts at Avalon show
The ultra-large Embraer Lineage 1000 business jet will be shown for the first time at the Avalon show in Australia next week.
Embraer Executive Jets will be at the show from 26 February to 3 March 2013. The Brazilian manufacturer will also show the entry-level Phenom 100 and super-midsize Legacy 600.
The company has appointed a local field support representative to work with the authorised service provider ExecuJet Australia.
Australia is responsible for 90% of the business jet fleet in Australia and New Zealand (Oceania), accounting for over 200 jets based in the country. In the Asia Pacific/Oceania markets, the Australian business aircraft fleet numbers are second only to China although Australia remains the most mature business aviation market in the Asia-Pacific region. Its fleet is dominated by light jets although the country has absorbed a higher-than-usual number of larger jets in recent years.
During the 10-year forecast, Asia Pacific is expected to be home to approximately 10% of the worldwide business aviation market (all makes/all models), representing between $15 billion and $20 billion in revenues and between 600 and 900 new deliveries. From these numbers, Oceania is expected to represent between $5.5 billion in revenues or 225 new aircraft with Australia representing the vast majority of the market.