Page 5 - FARNBOROUGH AIR SHOW 2024 - DAY 3 | DAILY NEWS

Together the two parent companies operate
in more than 60 countries, with HMG’s global
presence in 42 countries and Luxaviation
operating in 23.

Supernal is developing an eVTOL vehicle
that will travel 60 miles and cruise at 120
miles-per-hour to meet the growing demand
for efficient transportation options in urban
environments. Supernal, which is displaying
S-A2, its full-scale eVTOL vehicle product
concept, at the Show, plans to enter the
market in 2028.

“The need for more sustainable aviation
solutions is global, while specific trans-
Supernal and Sigma Air Mobility portation needs are local,” said Christophe

Collaborate on AAM Market Development Lapierre, CEO, Sigma Air Mobility. “Together,
Sigma Air Mobility and Supernal can expand
access to Advanced Air Mobility by match-
Supernal and Sigma Air Mobility have an- operating Supernal electric vertical takeoff ing our solutions with the markets where
nounced a joint effort to identify and develop and landing (eVTOL) aircraft and providing they will be best suited.”
targeted markets for future AAM infrastruc- vertiport development and operations and
ture and investments, targeting key markets related services. “Supernal is building relationships with lo-
in South and Southeast Asia and potential cal government leaders ready to embrace
opportunities in Southern Europe. Announced on the second day of the ongo- innovative solutions to decarbonize trans-
ing Show, the partnership unites Supernal portation,” said Jaiwon Shin, president of
The collaboration is intended to leverage and HMG’s expertise in eVTOL design and Hyundai Motor Group and CEO of Supernal.
the companies’ combined expertise to lead manufacturing with Sigma and Luxaviation “Supernal and Sigma Air Mobility share not
in the visioning, launch and scale-up of Group’s global presence and extensive ex- only a vision for Advanced Air Mobility, but
decarbonized and accessible air mobili- pertise in aviation fleet and infrastructure also complementary business goals to ad-
ty networks in these regions, with Sigma operations, training and technical services. vance the industry.”

Embraer 20-Year Market Outlook larger narrowbodies will be the successful
fleet strategy for the next 20 years,” said
Forecasts Demand for 10,500 Arjan Meijer, Embraer’s President & CEO
of Commercial Aviation. “The post-pan-
demic environment is different in so many
Sub-150-seat Jets and Turboprops ways. The business/leisure passenger mix
is different. Demand patterns are different.
The corporate workplace is different. And
e-commerce is booming. Carriers are adding
capacity in big markets, yet smaller cities
still need to stay well-connected to airline
networks with high frequency air service. We
believe aircraft in the sub-150-seat category
are the most efficient and cost-effective to
address that need.”

The Market Outlook also contains analysis
of the cargo aircraft market and cites new
opportunities for small-narrowbody freight-
ers resulting from the projected growth in
Embraer’s Commercial Market Outlook 2024, aircraft benefit when complemented by online commerce.
published on the second day of the ongoing smaller narrowbodies in the sub-150-seat
Show, estimates 10,500 orders for new jets segment, the Market Outlook said. Highlights: World passenger traffic, mea-
and turboprops through 2043. sured in revenue passenger kilometers, has
A mixed fleet of small and large narrow- returned to 2019 levels except for the Asia
The relevance of the small narrowbody bodies is the best way to serve the diverse Pacific/China region. RPKs are forecast to
category is increasing. Larger aircraft are characteristics of an airline network, the grow 4% annually through 2043. Asia Pacific
not always economically or operational- report said. “Small narrowbodies go where (including China) comes first in annual RPK
ly optimal for medium and lower-density bigger jets cannot, do so more frequently, regional growth rate at 5.0%, follwed by Latin
markets, particularly when multiple daily and usually more profitably. “ America at 4.9%, Africa and the Middle East
frequencies are essential for those cities at 4.4%, Europe at 3.3 % and North America
to stay well-connected. Fleets with these “A mix fleet of sub-150-seat jets and at 2.4 %.

FARNBOROUGH INTERNATIONAL AIRSHOW 2024 JULY-24-2024 5