Brazil’s Embraer is in talks with potential partners in India and elsewhere over proposals for a new turboprop aircraft, which it could launch in the middle of 2023, the planemaker’s commercial chief said on Tuesday.
Embraer is also in detailed talks with engine makers about the proposed new regional aeroplane, which would seek to penetrate a market dominated by Franco-Italian ATR, Embraer Commercial Aviation Chief Executive Arjan Meijer told Reuters at the Airline Economics conference.
Embraer has been discussing returning to the turboprop sector since 2017 as it looks to expand its portfolio.
It said in 2020 it could opt for a combination of industrial and financial backing, though some analysts expect a more traditional approach based on risk-sharing deals with suppliers.
