Embraer studies turboprop to be developed through Boeing venture

Embraer is in the advanced stages of studying the launch of a new turboprop aircraft to be developed through a venture it is planning with Boeing, subject to necessary approvals, a top executive said Monday. The aircraft would be in the same size range or even larger than the 70-seat ATR-72, an aircraft that currently dominates the market, Embraer CE John Slattery said. "It sits in our target market, which we have always been clear is below 150 seats, and will have natural adjacency to the E2 offering," he said, referring to Embraer's family of 80-120-seat regional jets. "The business case is going well." Analysts say such a move could shake up a market dominated by ATR, which controls four-fifths of global sales in competition with the Q400 turboprop. <br/>
Reuters
https://www.channelnewsasia.com/news/business/embraer-studies-turboprop-to-be-developed-through-boeing-venture-12293440
1/21/20