Embraer says it has no near-term plans to develop new ultra long-range or supersonic business aircraft. At the National Business Aviation Association convention in Orlando on Monday, Marco Tulio Pellegrini, the CEO of Embraer Executive Jets, said the company, which didn’t enter the business jet market until 2000, has plenty on its plate. “We need to consolidate our position,” he told a news conference at the Orange County Convention Center. The company, which is debuting its mid-sized Legacy 450 at the show, has had a steady stream of product development in the past decade and is gaining market share in all the sectors it is in.
Pellegrini let it slip that FAA certification of the new fly-by-wire Legacy 500 will take place in a signing ceremony at the company’s static display on Tuesday. Embraer got started in the bizjet industry with a makeover of its ERJ 145 into a super midsize. Since then it has added five clean-sheet designs.
