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Embraer’s Commercial Aviation Business Not For Sale: Meijer

Embraer A look into the future: On Oct. 29, Embraer tweeted a digital rendering of its proposed turboprop. Arun Sivasankaran - : Nov 23, 2020 - : 9:04 pm

Embraer’s Commercial Aviation business is not for sale, but the company is looking for partners on specific programs, Arjan Meijer, CEO of Embraer Commercial Aviation, has said.

“With my appointment, we reorganized the whole organization and commercial aviation is an integral part of it now, ” Meijer said in a virtual discussion organized by Aviation Week on Monday.  “Commercial aviation will not be sold but we are looking for partners. It could be for a turboprop aircraft; it could be on the services side.”

It may be recalled that both China’s state-owned COMAC and the Indian government had expressed informal interest in the Brazilian jetmaker’s commercial aircraft business after Boeing in April axed plans to buy 80% of Embraer’s commercial unit.  Russian aircraft manufacturer Irkut too was initially interested, according to reports.

New Turboprop Aircraft

John Slattery, former CEO of Embraer Commercial Aviation, had said, following the failure of the proposed Boeing-Embraer commercial aviation tie-up, that the company had shelved plans for a new turboprop aircraft. Meijer, however, confirmed that the company is actively pursuing the idea and looking for partners to work with.

“We still believe in a turboprop,” Meijer said. “We think there is a good market in the next ten years for turboprops. We believe that in the 70-100-ish seat range, we could bring a turboprop to the market that will be more efficient than the competition, which will have a much better noise profile, which will have a much better passenger appreciation.”

Embraer will look for partners to launch the turboprop program, Meijer said. “There is nothing firm yet; it is still very much on the drawing board, but it is a market we believe in. We have a customer base that could be interested in the type.  We also know there is a large customer base that would love to work with Embraer if we launch a turboprop.  The first step for us is to look for a partner.”

On Oct. 29, Embraer had tweeted a digital rendering of the turboprop. Rodrigo Silva e Souza, who is marketing vice president of the Brazilian manufacturer’s commercial aviation division, had recently said that the company’s new twin-turboprop regional aircraft could be ready to enter service in 2027.

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