Embraer: Chinese start-up rule creates opportunities
Embraer Commercial Aviation CE John Slattery believes a new rule, which initially limits Chinese start-up airlines to smaller aircraft, could create opportunities for the Embraer E190. Slattery said the Civil Aviation Administration of China (CAAC) issued a rule during the G20 meeting in early September that took immediate effect. This regulation restricts the size and number of aircraft that new air operator’s certificate holders can operate. “The restrictions prevent us from selling new Embraer E195s and restrict Bombardier from selling the CSeries [to Chinese start-ups], but our E190 is absolutely in the sweet spot of the policy. We’ve got very good penetration of the Chinese market with the E-190…so we’re hopeful that China will deliver a significant amount of activity for new and pre-owned aircraft,” Slattery said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-10-24/general/embraer-chinese-start-up-rule-creates-opportunities
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Embraer: Chinese start-up rule creates opportunities
Embraer Commercial Aviation CE John Slattery believes a new rule, which initially limits Chinese start-up airlines to smaller aircraft, could create opportunities for the Embraer E190. Slattery said the Civil Aviation Administration of China (CAAC) issued a rule during the G20 meeting in early September that took immediate effect. This regulation restricts the size and number of aircraft that new air operator’s certificate holders can operate. “The restrictions prevent us from selling new Embraer E195s and restrict Bombardier from selling the CSeries [to Chinese start-ups], but our E190 is absolutely in the sweet spot of the policy. We’ve got very good penetration of the Chinese market with the E-190…so we’re hopeful that China will deliver a significant amount of activity for new and pre-owned aircraft,” Slattery said. <br/>