Embraer expects executive jet business to increase as a percentage of revenues

Brazilian jet maker Embraer's executive jet business will increase as a percentage of revenues from 15 percent to 25 percent by 2010, a top executive said Friday.

Luiz Sergio Chiessi, vice president of market intelligence, said the "relative importance of the business jet division is going to grow" as Empresa Brasiliera Aeronautica SA increases its portfolio.

Embraer currently offers the Legacy 600 executive aircraft, which seats up to 13 people, and will start deliveries of two versions of the smaller capacity Phenom jets later this year. By 2013, Embraer will offer another three models: the Lineage 1000, Legacy 450 and Legacy 500, he said.

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