Private jets in Asia to increase 3 times in next decade: Embraer
RajeshRavi: Bangalore, Feb 09 2013, 01:32 IST
Embraer Phenoms,” he added. “In South Asia, we do expect India to make up the bulk of orders as 40% of the executive jets in India are more than 10 years old,” Costas said.
The aircraft firm is hoping that Indian customers follow trends seen in other developing markets, where early adopters “graduate” from smaller to larger aircraft as their needs change and familiarity with the aircraft grows.
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