Brazilian planemaker Embraer is in the advanced stages of studying the launch of...
) 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 on Monday.
The aircraft would be in the same size range or even larger than the 70-seat ATR-72, a Franco-Italian aircraft that currently dominates the market, Embraer Commercial Aviation Chief Executive John Slattery told Reuters. 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, sold by Bombardier last year to Longview Aviation of Canada and renamed the De Havilland Canada DHC-8.
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