Embraer will look to increase its aftermarket services revenue from its current level of around 15% to roughly 25% over the next 10 years, according to the aircraft manufacturer’s CEO and president.
Speaking with editors from Aviation Week & Space Technology and sister publication ATW at a roundtable in Washington, Paulo Cesar de Souza e Silva said Embraer will aim for to expand its aftermarket business following Embraer’s announcement in December 2016 of new division focused on customer service and support.
Embraer's new services division is expected to begin operating in the first half of this year.
The Brazil-headquartered OEM currently operates MRO businesses in North America in Nashville and has a European location in Portugal.
The full roundtable interview with Paulo Cesar de Souza e Silva discussing the aftermarket and its commercial activities can be read here.