• Categories
  • Archives

Brazil’s Embraer Closes US$ 2.7 Bi, 100-Planes Deal with China

Embraer, the Brazilian aircraft manufacturer, announced Wednesday, August 30, the sale to China of 100 commercial planes, totaling a US$ 2.7 billion contract.

The operation includes 50 ERJ-145 and 50 Embraer 190s to be delivered to China’s fourth-largest air transport firm.

The delivery of the ERJ-145s, which can carry 50 passengers, is scheduled to begin September 2007. The aircraft will be assembled at a plant in the Chinese city of Harbin, Heilongjiang province, by the joint Harbin/Embraer Aircraft Industry (HEAI) association.

The Embraer 190s, which seat 106, will be manufactured at Embraer’s plant in San Jose dos Campos, Sao Paulo state, and delivery will begin December 2007.

"The deal confirms our long-term strategy to become an important supplier for the Chinese market," said Embraer president Maurí­cio Botelho. The ERJ-145s will help the HNA group to build a strong regional aviation network in China in line with its expansion plans.

As to the Embraer 190s, they will help the group expand into medium density markets, upgrading operations between cities where there is a growing demand for frequent flights, he added.

China’s Aviation Industry Corporation II (AVIC II), Zhang Hongbiao, who is also head of the joint association with Embraer, said that the two firms will combine efforts to manufacture products for the world market.

"HNA group will guarantee the continued success of the joint association which, in turn, will strengthen cooperation between the two countries in the aviation sector," he added.

The deal closed on Wednesday will also give a push to China’s domestic and regional air transport market, Zhang said. The announcement was made within the framework of a visit to Brazil by Chinese public officials and businessmen.

Since January 1, 2004, Embraer has delivered 163 so-called "E-Jets", which seat between 70 and 122 passengers and include the Embraer 190 model, to airlines in Canada, United States, Ecuador, Panama, Saudi Arabia, Finland, Poland, Italy, Germany, India and Hong Kong.

In addition, since 1997, Embraer has delivered 858 commercial jets from the ERJ-145 family, which seat between 37 and 50, to 70 airlines in 43 countries

Mercopress

Tags:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

Brazil FIESP's president, Paulo Skaf

Brazil and US Industry Join Forces to End Doha Stalemate

Brazil and United States manufacturing industries agreed on Friday in Sao Paulo to join ...

Brasília, Brazil's capital city

Brazil Can’t Wait! It’s Time to Take On the Terrorist Animals

It took some time, but the big player entered the field for the second ...

Brazil Market Ends 2004 in Record Breaking Pace

Brazilian shares continued upward to set a record closing high in the final day ...

Lani Hall, Brasil Nativo

It is a testament to the universality of Bossa Nova that Brazilian Days, the ...

Brazil Needs More Imports If It Wishes to Export More

The president of the Foreign Trade Studies Center Foundation (Funcex), Roberto Gianetti da Fonseca, ...

Wanna Buy Cheap Land in Brazil?

The Internet has plenty of offers for those willing to buy a piece of ...

40 Years of Road and Brazil’s Ben Jor Is Still Fresh

Jorge Ben Jor needs little introduction ”“ the legendary singer/guitarist has been around the ...

Short Takes

A poll by Berlin-based Transparency International with international businessmen from around the world has ...

Take Your Peek

Among those exposed by the indiscreet CD-ROM is president Fernando Henrique Cardoso. No one ...

Brazil: Dialogue With US Citrus Growers Is Off

The president of the Brazilian Association of Citrus Exporters (Abecitrus), Ademerval Garcia, said, December ...