Embraer CEO Francisco Gomes Neto speaks during the Embraer Media Day 2022 at the aircraft factory in Sao Jose dos Campos, Brazil, May 30, 2022.\u00a0<\/p>\n
Carla Carniel | Reuters<\/p>\n<\/div>\n
Brazilian plane maker Embraer<\/a><\/span><\/span><\/span> is studying the market and new technology that could warrant it building an all-new jet, CEO Francisco Gomes Neto told CNBC.<\/p>\n A new airplane could help the airplane manufacturer compete with much larger rivals Airbus and Boeing<\/a><\/span><\/span><\/span>, which deliver hundreds of jets a year compared with Embraer’s dozens of aircraft.<\/p>\n But Gomes Neto noted that no decisions have been made yet.<\/p>\n “At this point in time, we don’t have concrete plans to go to a big narrow body,” he said, adding that the studies for new engine technologies, avionics and potential demand are “to be prepared.”<\/p>\n In the meantime, Gomes Neto said Embraer is focused on improving results and selling its regional planes, which won orders earlier this year<\/a> from American Airlines<\/a><\/span><\/span><\/span>, manufacturing its E2 jet and “delivering what we promise” customers.<\/p>\n<\/div>\n An Embraer E195E2 aircraft<\/p>\n Frederic Stevens | Getty Images<\/p>\n<\/div>\n The Federal Aviation Administration approved a freighter version of its E190 passenger-to-freighter converted jet earlier this month, helping clear the way for its commercial introduction.<\/p>\n “This is maybe the advantage we have: We have a great product [that’s] available,” Gomes Neto said.<\/p>\n Both Airbus and Boeing are struggling to ramp up production and deliver aircraft<\/a> on time in the wake of the pandemic. Boeing has the added challenges of a safety crisis and a machinist strike<\/a>.<\/p>\n