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  • Brazil partnered with Ukraine over the past decade to develop a launch vehicle at the Alcantara base on its northern Atlantic coast. But Brazil ended the program in February, saying that Ukraine's financial problems left it unable to provide rockets as promised. But the tenor of the visit, which marks a rapprochement between Brazil and the United States after...

  • PARIS, June 15- Brazil's Embraer is in talks to sell around 20 E-195 passeger jets each to Brazilian airline Gol Linhas Aereas and LAN Airlines, part of the LATAM Airlines Group, people familiar with the matter said.

  • SANTA MARIA, California, June 11- At a Zodiac Aerospace seat factory in the small town of Santa Maria north of Los Angeles, workers on the assembly line frequently sit idle, waiting for parts to arrive. The parts supply and other problems at the California factory offer explanations for Zodiac's warning to shareholders on Thursday that it likely would fail to meet...

  • TORONTO/ MONTREAL, June 11- Bombardier Inc's CSeries passenger jet will finally debut at the Paris Airshow this month, but the event will also let the Canadian company show off what may be an even more important asset: its new management team. With the CSeries nearing certification by regulators after years of delays and cost overruns, Paris offers an opportunity...

  • WASHINGTON, June 4- In a fight in the U.S. Congress over the future of the Export-Import Bank, no state looms larger than Texas, on both sides. Representative Jeb Hensarling leads a contingent of fellow Texas Republicans pressing hard for the shutdown of the bank, despite its support for many large and small Texas businesses. The bank lists 1,233 companies in Texas...

  • BEIJING, May 23- China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported. The agreement came as Chinese Premier Li Keqiang arrived in Peru, on the third leg of a Latin America visit.

  • BEIJING, May 23- China and Peru have agreed to study the feasibility of a controversial 5,300 km transcontinental railroad that will connect Peru's Pacific coast with Brazil's Atlantic coast, China's official Xinhua News Agency reported. The agreement came as Chinese Premier Li Keqiang arrived in Peru, on the third leg of a Latin America visit.

  • Corporate jet makers eye revival led by North America Wednesday, 20 May 2015 | 6:10 PM ET

    GENEVA, May 21- Business jet makers, hit badly by the financial crisis, expect an upturn in mature economies such as the United States will encourage companies to once again buy new corporate planes or replace aging jets, executives said this week. Many companies in North America and Europe, from carmakers to banks and tech firms, scaled back usage or sold their...

  • SAO PAULO, May 19- Brazilian planemaker Embraer SA has entered talks with the U.S. Department of Justice aimed at closing an anti-corruption investigation launched in 2010, according to a securities filing on Tuesday. Embraer said an eventual resolution of the matter with the Justice Department could lead to sanctions, adding that it was impossible to...

  • On his first official trip to Latin America, Li saw a raft of agreements signed, ranging from a $1 billion purchase of passenger jets made by Brazil's Embraer to the lifting of an import ban on Brazilian beef and a long-discussed plan to build a railroad over the Andes to the Pacific. The fund was another sign of China flexing its financial might in Latin America, a...

  • BRASILIA, May 19- Chinese Premier Li Keqiang will push trade, finance and investment deals worth tens of billion of dollars on Tuesday to help Brazil upgrade its dilapidated infrastructure and boost a slumping economy. On his first official trip to Latin America, Li will meet President Dilma Rousseff and attend the signing of a raft of agreements ranging from a...

  • May 15- Delta Air Lines Inc said on Friday that Amtrak customers whose tickets were canceled because of Tuesday's train crash in Philadelphia can fly between New York and Boston or Washington for free on Delta's shuttle service for the next four days. The Atlanta- based airline is adding seats along the Eastern Seaboard in response to the crash by flying more...

  • BRASILIA, May 13- Caixa Econômica Federal, Brazil's top mortgage lender, and the Industrial and Commercial Bank of China Ltd will create a $50 billion fund for Brazilian infrastructure investments, two government sources with knowledge of the plans said on Wednesday. The governments agreed the fund will finance a railway link from Brazil's Atlantic coast to...

  • Li will travel to Brazil, Colombia, Peru and Chile on the May 17-29 trip, and, as is common with visits by top Chinese leaders to resource-rich nations, will sign what will likely be a series of impressive agreements. China, the world's second-largest economy, is buying oil from Venezuela, copper from Peru and Chile and soybeans from Argentina and Brazil, for example.

  • SAO PAULO, May 11- Brazil's Embraer SA, the world's third-largest commercial planemaker, plans to move production of its Phenom executive jets to its factory in the United States next year, a Brazilian union said on Monday. The Metalworkers' Union of São José dos Campos said in a statement that the company informed it on Friday that the move was part of a marketing...

  • PARIS, April 27- Sweden's Saab AB on Monday ruled out facilitating the sale of Gripen fighter aircraft to Argentina as the result of a deal to build and export combat jets from Brazil. Saab said it was not involved in any discussions involving Argentina. Saab has sold 60 Gripen Es to Sweden and is finalizing an order for another 36 to Brazil, which will also...

  • BRASILIA, April 27- Brazil's government plans over time to remove tariffs on high-end capital goods in a bid to boost productivity and breathe life into its flailing economy, an adviser to President Dilma Rousseff told Reuters. Strategic Affairs Minister Roberto Mangabeira Unger, a Harvard philosophy professor tasked by Rousseff with laying out a new...

  • TOKYO, April 23- Honda Motor Co on Thursday flew its HondaJet business aircraft for the first time in Japan, bringing to life a dream cherished by legendary founder Soichiro Honda, but the automaker said sales of the jet in Asia remain years away. Speaking at an event to mark the aircraft's first appearance outside the United States, Michimasa Fujino, Chief...

  • RIO DE JANEIRO, April 14- Brazilian planemaker Embraer SA and Swedish partner Saab AB hope to devise a plan by June for exporting the Gripen fighter jet from the South American country beginning in 2023, a senior Embraer official said on Tuesday. Jackson Schneider, the head of Embraer's defense unit, said deliveries of 36 Gripen NG single-engine jets to the...

  • TOKYO, April 10- Mitsubishi Aircraft said on Friday it will delay the maiden test flight of Japan's first commercial jet in half a century, squeezing further an already tight schedule to begin deliveries in two years. ANA Holdings, it said, is still slated to get the first MRJ in June 2017, three years later than initially planned. "We are still planning to deliver to...