Brazil's Embraer sells 60 commercial planes to China

Brazil's Embraer sells 60 commercial planes to China
by Staff Writers
Brasilia (AFP) July 17, 2014

Chinese companies signed agreements Thursday to buy 60 commercial airplanes worth $3.2 billion from Brazilian aviation firm Embraer during a state visit to Brasilia by Chinese President Xi Jinping.

Xi and Brazilian President Dilma Rousseff oversaw the signing of the deals in Brazilian capital.

Tianjin Airlines, a subsidiary of Hainan Airlines' HNA Group, agreed to buy 20 100-capacity E190 jets and 20 E190E-2 models from Embraer in a deal worth $2.1 billion, according to Embraer.

"This is the most important moment in this old and solid alliance with HNA Group and Tianjin Airlines," Embraer president Paulo Cesar Silva said.

ICBC, China's biggest bank, is purchasing 20 E190 planes for $1.1 billion.

Embraer, one of Brazil's top exporters, is a leading maker of jets that can carry up to 130 passengers.

Related Links
Aerospace News at SpaceMart.com

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks

del.icio.us

Digg

Google

Air Force seeks new long-range bomber
Washington (UPI) Jul 14, 2013
A Request for Proposal has been issued to Industry by the U.S. Air Force for its Long Range Strike Bomber, or LRS-B. The request sets out a future contract's requirements and precedes competitive selection based on contractor proposals. "The LRS-B will be an adaptable and highly-capable system based upon mature technology," said Secretary of the Air Force Deborah Lee James. "We h ... read more

Qatar to buy Patriot missiles in $11 bln arms deal: US

Industries study enhanced missile defense capability

New missile defense equipment installed on frigate

Navy touts destroyer's at-sea Aegis tests

Brazil interested in Russian air defenses: Rousseff

AgustaWestland integrating missile systems onto helos

U.S., Norwegian companies partner for missile project

Sidewinder missiles for Israel

Chinese remote sensing drone sets 30-hour flying record

US drone strike kills 18 in NW Pakistan

AgustaWestland's remotely controlled UAV put through paces

Drone lighting

Third MUOS satellite heads for final checkout

Saab reports U.S. Army order for radio systems

Thales enhancing communications of EU peacekeepers

Exelis enhancing communications for NATO country

Exelis licenses Belgian technology

Air Force contracts Boeing for continued warhead system work.

New Fury precision glide bomb introduced

Marines support GenDyn's work on ACV

Japan, Britain to launch joint missile research: report

DynCorp poised to receive FMS contract from Egypt

Rosoboronexport discussing defense product deals with Belarus

India increases defence spending, invites foreign investment

India PM, China's Xi pledge stronger ties in first meeting

US admiral in China for top-level navy talks

High-ranking China official given life sentence for bribery

Obama and China's Xi discuss Iran, North Korea: White House

"Nanocamera" takes pictures at distances smaller than light's own wavelength

Researchers demonstrate novel, tunable nanoantennas

Illinois study advances limits for ultrafast nano-devices

smallest Swiss Cross made from just 20 atoms

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.