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Embraer mulls return to Chinese manufacturing

Published 09/11/2017, 08:01 AM
© Reuters.  Embraer mulls return to Chinese manufacturing
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  • Embraer (NYSE:ERJ) is likely to consider building a commercial-aircraft factory in China in two years, marking a potential shift in strategy after the company shut down its private-jet plant in the country in 2016.
  • "We may consider it if we have the right partner and enough interest for our jets," said Paulo Cesar de Souza e Silva. “We see potential for a little bit over 1,000 aircraft of the size that Embraer manufacturers for the next 20 years in China. We have 80% of that market."
  • ERJ +0.5% premarket
  • Now read: Is Boeing (NYSE:BA) Underestimating The Regional Market?


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