At this week's Farnborough Airshow, Embraer released its latest Market Outlook for the sub-150 seat commercial aircraft segment. The report presents global and regional analyses and trends over the next 20 years that will influence the demand for new jets and turboprops through 2041. The report has several key points for this major aircraft sector, which include: Demand growth and recovery Embraer's analysis has found that worldwide demand for air travel, measured in revenue passenger kilometres (RPK) will grow 3.2% annually (CAGR) over the next two decades. This growth is slightly less than the 3.3% rate forecast in last year's report, reflecting a near-term deceleration of the global economy, follow-on effects from the pandemic, and the impact of the Russia-Ukraine conflict. Embraer expects RPKs to return to 2019 levels by 2024.