BRASILIA, Dec 20- The Brazilian government on Wednesday freed up an additional 5.003 billion reais' worth of federal spending this year as Latin America's largest economy continued to recover from a deep recession. He added, however, that the government was likely to announce a fresh spending freeze early in 2018 to account for measures not approved by Congress.
Volkswagen displayed three electric vehicles from its new I.D. line at the Los Angeles car show.
The current sales chief for the plane maker's commercial division will retire in April.
The industry giants traded blows in the fight to sell new planes.
Bill Franke was speaking just after signing off on one of the biggest aircraft orders in history.
Boeing and Flydubai have struck a deal worth $27 billion, representing the largest-ever single-aisle jet order from a Middle East airline.
Airbus has turned its fortunes around at the Dubai Airshow with a mammoth order of 430 jets for a reported price of $49.5 billion.
The country only formed its space agency in 2014.
A relaxation of aviation rules has seen orders outstrip the rest of the world.
The plane is currently the subject of a bitter trade dispute.
The planes will be flown by the resurrected Wataniya Airways.
The American plane manufacturer continues to fill its 2017 order book.
The Brazilian plane maker views the arrangement as proof it is in the right market.
The long-time ally of Vladimir Putin added that the World Trade Organization is failing Russia.
Marc Allen told CNBC that Saudi Arabia was a "very important market" for the airline manufacturer.
Defense company Raytheon is seeing a growth market in missile defense systems in Europe and the Middle East due to increased "threat dynamics," the company's international chief executive told CNBC.
Emirates has not ruled out buying more Airbus A380s in future but the aircraft maker would have to guarantee it could keep its production line going, Emirates' chief executive told CNBC Monday.
American plane manufacturer Boeing was out of the starting blocks early on Sunday at the start of the 2017 Dubai Airshow.
Fred Cromer says the Airbus deal will see the C-Series jet dominate a growing segment of the market.
With lengthy delivery backlogs, the rival plane-makers may struggle for fresh deals.