January 30, 2010 / 2:32 PM / 11 years ago

Embraer may develop large jet due to demand-report

SAO PAULO, Jan 30 (Reuters) - Brazilian aircraft maker Embraer (EMBR3.SA)(ERJ.N) may develop its largest-ever jet in a bid to meet demand by airlines, Folha de S.Paulo newspaper reported on Saturday, citing a company executive.

The new jet would be based on Embraer’s 195 model, which seats up to 122 people, and may be ready for delivery starting in 2015 or 2016 if the company decides to go ahead with the project, said Mauro Kern, Embraer’s vice president of commercial aviation, according to Folha.

“We are studying some fronts today, looking into the future, to fill a market in the second half of this decade,” Kern told Folha. “Among those plans, there is a jet slightly bigger than the 195.”

Kern said Embraer is not considering building jets with 150 seats or more to compete with Boeing Co (BA.N) or Airbus, Folha reported.

Embraer is eyeing demand for the replacement of older aircraft that seat up to 150 people, such as the MD-80 jets, Folha said, citing a separate, unnamed Embraer executive. (Reporting by Elzio Barreto)

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