China, Brazil close plane, finance, infrastructure deals

July 18, 2014

Anthony Boadle and Alonso Soto – Reuters, 7/17/2014

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.

In a raft of energy, finance and industry accords signed before presidents Xi Jinping and Dilma Rousseff, the two nations agreed to join forces to build railways to help Brazil cut its infrastructure deficit and feed China’s appetite for commodities.

Trade between China and Brazil soared to $83.3 billion last year from $3.2 billion in 2002, with iron ore, soy and oil making up the bulk of Brazilian exports, making China the South American nation’s biggest trade partner.

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Brazil builds US$2 billion aircraft

September 23, 2013

Stephanie Foden – The Rio Times, 09/20/2013

A new military cargo plane is going to make Brazil a contender on the world stage of military planemakers. Brazil’s Embraer S.A., an aircraft manufacturing company, is promising a jet that flies higher, fuller and faster, all while at a lower price than United States-based Lockheed Martin Corp’s esteemed Hercules airlifter.

“I don’t think the Hercules has ever faced such serious competition – and it’s the oldest aircraft in production,” Richard Aboulafia, an aviation consultant with the Teal Group told Reuters.

The Brazilian government is investing US$2 billion into the development of the aircraft powerhouse’s KC-390, which will be used to transport troops, supplies and also be a tanker aircraft in flight. Brazil will buy 28 aircrafts in a contract that must be signed within the next six months.

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N.S.A scandal and high-tech espionage on Brazil

August 12, 2013

Nikolas Kozloff – Huffington Post, 08/12/2013

Is the U.S. ready to embrace the notion that Brazil has finally arrived on the world stage? Judging from the recent National Security Agency (N.S.A.) scandal, Washington is very skittish about the up and coming South American player. According to journalist Glen Greenwald, N.S.A. intercepts of Brazilian transmissions, including phone calls and internet communications, have been massive. Indeed, within the wider Americas region, N.S.A. snooping on the South American nation is second only to the U.S. in terms of overall scope. Writing in O Globo newspaper, Greenwald adds that the N.S.A. spied on the Brazilian Embassy in Washington and the South American nation’s mission at the United Nations in New York.

Needless to say, some Brazilian politicians are hardly amused by the revelations. During a recent hearing called by the Brazilian Senate’s Commission on Foreign Relations, officials peppered Greenwald, who resides in Brazil, about the N.S.A.’s capabilities. Specifically, politicians asked the journalist whether the spying agency was able to acquire Brazil’s commercial secrets and to capture communications of the country’s president and military. Confirming officials’ worst fears, Greenwald declared that indeed, Washington’s espionage was not solely aimed at preserving national security but also at collecting valuable commercial and industrial data from rivals.

Just why would the N.S.A. conduct industrial espionage on Brazil, a U.S. diplomatic partner? Greenwald promises to publish more articles which will illuminate the specific contours of such spying, and at this point it’s anyone’s guess what the further revelations will contain. It’s no secret, however, that behind all the bonhomie, Washington is wary of Brazil and particularly skittish about providing high-tech secrets to the South American juggernaut.

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Boeing, Embraer and Fapesp together in the biofuels for aviation

June 28, 2013

Juliana Ribeiro – Terra, 06/26/2013

The article features the partnership between Boeing, Embraer and FAPESP regarding the research on biofuels for aviation and the Flightpath to Aviation Biofuels: Action Plan launched on June 10 in Sao Paulo. “With this study, it was possible to identify the gaps, challenges and needs to enable the production of the aviation biofuels”, said Antonini-Puppin Macedo, Director of Research Collaborations of Boeing Research & Technology-Brazil.

Read in Portuguese…


Brazil’s Embraer pushes E-jets deeper into Bombardier turf

June 17, 2013

Reuters, 06/17/2013

Brazilian planemaker Embraer will launch on Monday a bigger and more efficient lineup of commercial jets entering service in 2018, pushing deeper into a segment that rival Bombardier has staked out with its new narrow-body CSeries.

Embraer SA plans to add three rows of seats to its biggest jet, the E-195, and one row to the E-175, a spokesman told Reuters. The second generation of E-Jets will drop the smallest model, the E-170.

The top-selling E-190 will be the first of the next generation delivered with upgraded avionics and geared turbofan engines from Pratt & Whitney. Details of the lineup are expected at a Paris Airshow press conference later on Monday.

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Brazil defies steryotypes of “developing” nations

June 6, 2013

Anne Applebaum – Washington Post, 06/06/2013

In the sunshine, this is a city of bright colors, fast movement, soaring vistas. But in the rain — and it can rain very hard indeed — the colors fade to gray, the traffic slows to a halt and the vistas disappear into the fog. In the favelas, the tin-roofed slums that cover the hills just behind the famous beaches, the steep walkways turn slippery and slick.

Which is why it was so surprising, on a recent rainy day, to climb up into the favela that spreads out behind Copacabana and come upon Bar do David, a famous favela eatery, as well as David himself. We didn’t exactly get dry while chatting with David and eating his seafood croquettes, but we did hear about the multiple awards he has won for “favela cuisine” and read the reviews framed on the walls. He’s been in business three years, he said. “And if I’d been here four years, I would have won an Oscar by now.” Next door, the news blared from a large, flat-screen TV.

The economics of favela life are complex, not to say mysterious: The next day, I met an articulate teenager with a fifth-grade education and brand-new sneakers. But then, of all of the nations misleadingly known as “developing” economies, Brazil might be the one that most emphatically defies stereotypes and expectations. Once, the world imagined that international trade meant that people in poorer countries would provide “hands for Western brains,” as writer Adrian Wooldridge put it. Instead, Brazil is one of several “developing” countries that have become innovators in their own right, producing not only entrepreneurial businesses such as Bar do David but also multinational companies such as airplane manufacturer Embraer or Natura, which makes a fortune out of organic cosmetics. The country is an international leader in the production of biofuels and the use of ethanol in cars; Brazilians tweet more than any other nationality except Americans.

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Brazil’s Embraer eyes bigger defense role

April 15, 2013

Laura Bonilla – AFP/Defense News, 04/14/2013

Embraer, the world’s third largest commercial aircraft maker, wants to boost its presence in the lucrative defense sector, with strong support from Brazil’s government.

The company aims to increase its sales in the sector by 25 percent this year, Luiz Carlos Aguiar, president of Embraer’s defense and security unit, said on the sidelines of this week’s LAAD Defense and Security expo here.

Between 2006 and 2012, Embraer’s defense activities expanded by an average of 29 percent annually to represent 17 percent of total sales, up from six percent.

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Brazil’s Embraer looks to shock Lockheed with price of cargo jet

April 9, 2013

Brad Haynes – Fox Business/Reuters, 04/09/2013

Brazilian planemaker Embraer SA is looking to shock rivals with the price of its KC-390 military transport plane when it starts booking firm orders within the next 12 months, according to a senior executive.

Luiz Carlos Aguiar, the head of Embraer’s defense unit, made clear in an interview ahead of the LAAD defense show that starts in Rio de Janeiro on Tuesday, that the company’s strategy was aggressive.

“In terms of price, we’re going to make the competition uncomfortable. They’re going to be astonished,” he said, but declined to be more specific on the price of the cargo jet under development, citing various options that will affect costs.

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Embraer, state and local officials gather for ribbon-cutting ceremony for Super Tucano assembly facility

March 27, 2013

Embraer, 03/26/2013

Embraer President and CEO Frederico Curado, joined by Florida Governor Rick Scott, Jacksonville Mayor Alvin Brown and Representatives Corrine Brown and Ander Crenshaw, today marked the opening of the facility where the company will assemble the aircraft for the U.S. Air Force’s Light Air Support (LAS) program. More than 200 local business people, public officials and news media attended the ribbon cutting ceremony at the 40,000-square-foot hangar at Jacksonville International Airport. Through the LAS program, Embraer and its prime contractor Sierra Nevada Corporation will support more than 1,400 jobs with over 100 companies throughout the United States.

“Today, we mark another achievement in Embraer’s growing presence in the United States and the State of Florida, not only with our expansion in Jacksonville, but also with our first
participation in a contract to supply high tech equipment and services to the USAF. We are honored by this opportunity and ready to get to work,” said Frederico Curado, Embraer S.A. President and CEO.

Embraer, with its U.S. headquarters in Ft. Lauderdale, currently employs more than 1,200 people in the United States. The Jacksonville site joins recent expansion of the company’s operations in Melbourne, Florida where, in 2011, it opened a production facility and Global Customer Center for its Phenom 100 and Phenom 300 executive jets. In 2012, the company broke ground in Melbourne for a new Engineering and Technology Center that will employ 200 engineers. “With this manufacturing facility, Embraer will create 50 new jobs for Jacksonville families, which is great news. Thanks to our business friendly strategy of keeping taxes low, making targeted investments and supporting education, these 50 new jobs will build on the more than 280,000 private sector jobs that have been created in the last two years,” said Florida Governor Rick Scott. “Jacksonville’s exceptionally talented workforce will be assembling the world’s most capable light air support aircraft with parts from suppliers across the United States. In terms of a ‘winwin’ it doesn’t get better than this,” said Congressman Ander Crenshaw (R-FL), who represents Florida’s 4th congressional district. “At a time when many companies are outsourcing, Embraer is in sourcing and creating high quality jobs right here in Northeast Florida; I commend them for this action,” said Congresswoman Corrine Brown (D-FL), who represents Florida’s 5th congressional district.

With the support of the State of Florida, the City of Jacksonville and the Jacksonville Airport  Authority, efforts already have begun to prepare the facility for industrial operations.
“Embraer’s success in Jacksonville speaks volumes about the direction of our economy and our city’s role as one of America’s most military-friendly cities,” said Jacksonville Mayor
Alvin Brown. “This project promotes economic security at home and global security for all. I’m proud of the teamwork that helped to make it happen and I look forward to working with
Embraer for many years to come.” “I know many of the leaders at Embraer, and they have created an outstanding global aviation company in both the commercial and military business sectors,” said JAX Chamber interim president and CEO and JAXUSA Partnership president Jerry Mallot. “I am excited to be here today to celebrate the opening of an Embraer facility in Jacksonville and the creation of new jobs for our region.”

On Febuary 27, the U.S. Air Force awarded the LAS contract to Sierra Nevada Corporation  (SNC) to supply 20 Embraer A-29 Super Tucano aircraft, as well as ground-based training
devices, pilot and maintenance training, and logistical support. The initial 20 aircraft will be used to provide light air support, reconnaissance and training capabilities to the Afghanistan military. The facility in Jacksonville will perform pre-equipping, mechanical assembly, structural assembly, systems installation and testing, and flight testing of A-29 aircraft. Delivery of the first American-made A-29 Super Tucano aircraft is scheduled to take place next summer.

For more information about the Super Tucano, please visit: www.BuiltForTheMission.com.


Embraer signs lease on Super Tucano facility in Jacksonville

March 18, 2013

Daniel McCoy – Wichita Business Journal, 03/18/2013

Embraer has signed a 10-year lease on a 40,000-square-foot hangar in Jacksonville, Fla., where it will assemble A-29 Super Tucano aircraft built under the U.S. Air Force’s Light Air Support contract.

Brazil-based Embraer and its U.S. partner, Sierra Nevada Corp., beat out Wichita’s Beechcraft Corp. for a second time on the controversial contract last month. It’s initially for delivery of 20 planes to be used by the Afghan military and worth $427.5 million.

The contract continues to be controversial as the Pentagon has overridden a protest of the award by Beechcraft, thereby allowing Embraer to move forward on the program.

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