Brazilian Jet Builder Receives $2.9 Billion Order

Brazilian Jet Builder Receives $2.9 Billion Order

Robert Brooks, Editor-In-Chief of American Machinist reports on Embraer’s so-far successful bid for the medium-range, twin engine sector in emerging markets.

Air Costa’s goal is to improve the connectivity within India, in particular the secondary and tertiary cities.  President and CEO of Embraer, Paulo Cesar Silva, states, “E-Jets have proven their ability to stimulate traffic and sustain airline profitability while providing affordable and comfortable air travel to people in emerging markets like Brazil and China.”

Air Costa is a new regional airline based in Vijayawada, India.

The contract is worth an estimated $2.94 billion.  Find out more on IW's companion site, americanmachinist.com

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