Brazil’s Embraer sells 35 jets to China for US$1.4 billion

13 April 2011

Beijing, China, 13 April – Brazilian aeronautical company Embraer Tuesday in Beijing signed an agreement to sell 35 E-190 aircraft, with capacity for 98 passengers, of which 20 to China Southern Airlines and 15 to Hebei Airlines.

The sale of the aircraft is worth a total US$1.4 billion and was made official during a visit by Brazil’s President Dilma Rousseff to China.

China Southern Airlines has been using Embraer aircraft since 2004 and the E190 model arrived on the Chinese market in 2008.

Around 80 aircraft of different Embraer models are used by Chinese air carriers.

The chairman of Embraer, Frederico Curado said that a deal was also due to signed to keep the company’s factory in Harbin, so that Legacy executive jets could be manufactured there. Adapting the Harbin factory to produce the Legacy model is expected to take 24 months.

Embraer has partnered Chinese state company Aviation Industries of China (Avic) since 2003 and in April, 2011 is due to manufacture the final aircraft for which it has a production license, the ERJ-145, a 50-seater commercial aircraft, for which demand in China and the world has fallen over the last few years. (macauhub)