Embraer CEO Says Planemaker Mulling New Jet in Hint at 737 Rival.

Embraer SA's CEO hinted at the possibility of the Brazilian planemaker expanding its aircraft lineup beyond regional and business jets to potentially compete with Boeing Co.'s 737 and Airbus SE's A320. However, there are currently no concrete plans in place for such a move, with the company's focus remaining on selling its existing products like the E2 model and business jets. Launching a new commercial aircraft program would require significant investment and time, and Embraer's priority at the moment is securing deals for its current offerings. [Extracted from the article]