In a raft of energy, finance and industry accords signed, China and Brazil will team up to build railways.» Read More
BRASILIA, July 17- China expanded its trade partnership with Brazil on Thursday with $7.5 billion in financing for Brazilian miner Vale, the purchase of 60 passenger jets from planemaker Embraer and renewed commitment to invest in infrastructure.
BRASILIA, July 17- Brazilian aircraft maker Embraer agreed to sell up to 60 commercial passenger jets to China and mining company Vale received two new credit lines from Beijing, as the presidents of the two countries signed agreements to deepen commercial ties.
BRASILIA, July 17- China and Brazil sealed their expanding commercial partnership on Thursday with a $5 billion credit line for Brazilian miner Vale and the purchase of 60 passenger jets from Brazilian planemaker Embraer.
FARNBOROUGH, England, July 17- Traditionally companies which have guarded their secrets closely, arms makers are opening up to partnerships and technology sharing to meet the demands of overseas buyers they need to offset budget cuts at home.
CHICAGO— The parent company of United Airlines says it will take charges of $169 million against second-quarter earnings to cover costs of grounding planes and other moves. United Continental Holdings Inc. said Thursday that it would report costs of $66 million to permanently ground 21 Embraer regional jets used by its United Express unit.
BRASILIA, July 17- Brazil's Embraer SA agreed to sell 60 E-190 commercial passenger jets to China as part of a raft of deals signed by the presidents of the two countries to deepen commercial ties, the Brazilian government said on Thursday.
Embraer will sell 40 planes to China's Tianjin Airlines, half of which will be the re-engined model known as E-190 E2, entering service in 2018. The Industrial and Commercial Bank of China Ltd will buy 20 aircraft, following an accord in 2012 to provide leasing for Embraer planes.
BRASILIA, July 17- Brazilian planemaker Embraer SA will sign a deal on Thursday to sell 60 E-190 commercial passenger jets to two Chinese airlines, two diplomatic sources told Reuters, asking not to be named because the deal had not been formalized.
BRASILIA, July 16- Brazil hopes that during a visit by Chinese President Xi Jinping it can boost ties with its biggest trade partner beyond the exchange of commodities for manufactured goods, but that may be wishful thinking.
FARNBOROUGH, England, July 16- ASL Aviation, an Irish aviation services company, on Wednesday signed a letter of intent to buy up to 10 of Lockheed Martin Corp's LM-100J commercial freighters as the launch customer for the new turbo-prop airplanes, Lockheed said in a statement.
July 14- Embraer SA, the world's third largest commercial planemaker, booked its strongest commercial deliveries in two years and rebuilt its order book with a 50- jet deal on Monday, lifting shares to an all-time high.
BRASILIA, July 12- Brazil will announce the sale of about 25 planes made by Embraer SA to Chinese airlines on Thursday during a visit by China's President Xi Jinping, a Brazilian official said.
June 18- American Airlines Group on Wednesday said it assigned 20 new Embraer jets to Compass Airlines, which will start providing regional service under the American Eagle brand next year.
*China business jet sales to top $65 bln over 20 years. Now the supplier of private aircraft for the Ferrari motor racing team is looking into a new joint venture far from home- manufacturing in China.
*Iran Air would need 100 jets immediately sanctions lifted. DOHA, June 7- Iran Air will need at least 100 passenger jets once sanctions against the country are lifted and will find it easier to do business with companies that co-operated during the current window for sanctions relief, the head of the airline said.
June 2- Following are key facts about Bombardier Inc's CSeries passenger jet, a narrow-body rival to Airbus and Boeing aircraft, which experienced an engine failure during ground maintenance testing on May 29, 2014.
DOHA, June 2- Canada's Bombardier Inc has narrowed its investigation of an engine failure on its new CSeries airliner to a few possible causes and said the test plane could be back in the air quickly if the cause turns out to be what the company suspects.
SAO PAULO, May 20- Brazil's Embraer SA, the world's biggest maker of regional jets, signed a contract to supply 28 KC-390 cargo aircraft to Brazil's Air Force on Tuesday, a step in the country's effort to bulk up its homegrown defense industry.
SAO PAULO, April 30- Embraer SA, the world's third-largest commercial planemaker, said on Wednesday that first-quarter profit more than tripled, beating estimates with surging defense and business jet revenue.
CAMPINAS, Brazil, April 23- Brazil's third-biggest airline, Azul Linhas Aereas, unveiled plans on Wednesday to add 11 wide-body jets from European planemaker Airbus to start service to the United States. The selection of Airbus planes, first reported on Tuesday by Reuters, is another blow to U.S. rival Boeing Co in Latin America's biggest market.