LATAM Airlines is eyeing fleet additions of smaller planes like Embraer's E2 model and the Airbus' A220, the firm's Brazil head said on Wednesday.&nbsp;

"We have mapped out what growth could look like with a smaller (capacity) fleet," executive Jerome Cadier told journalists. "And this smaller fleet could come from Embraer, it could come from Airbus, and we're constantly looking for alternatives to increase growth."

In the regional sector, up-to-150-seat aircraft, Embraer's next-generation E2 jets, and the Airbus A220 are both solid competitors. Cadier added that since last year, LATAM has been studying other fleet alternatives. This is because Airbus and Boeing face issues in producing new aircraft and grounding planes requiring mandatory motor inspections.

The head of Brazil's state development bank, BNDES, indicated last month that both LATAM and carrier Gol were in advanced talks for the addition of Embraer aircraft to their fleets. The move is strategic on the part of the airlines toward the adoption of more versatile fleet configurations and efficient fleets to boost regional operations.

On Wednesday, however, LATAM's Chief Financial Officer Ramiro Alfonsin told reporters that nothing was as yet concrete. The carrier continues to weigh the potential advantages against the logistical implications of adding smaller aircraft models into its fleet mix in search of a better growth trajectory.

This concludes the fact that LATAM Airlines is mulling over the Embraer and Airbus models as part of its clear commitment toward fleet efficiency optimization and adjustment with dynamic market demand. This exploration, therefore, would probably place the airline in a better position amid persisting industrial hurdles, leading to sustainable growth and better operational flexibility.

LATAM Airlines is eyeing fleet additions of smaller planes like Embraer's E2 model and the Airbus' A220, the firm's Brazil head said on Wednesday. "We have mapped out what growth could look like with a smaller (capacity) fleet," executive Jerome Cadier told journalists.

LATAM Airlines is eyeing fleet additions of smaller planes like Embraer's E2 model and the Airbus' A220, the firm's Brazil head said on Wednesday. "We have mapped out what growth could look like with a smaller (capacity) fleet," executive Jerome Cadier told journalists. "And this smaller fleet could come from Embraer, it could come from Airbus, and we're constantly looking for alternatives to increase growth." In the regional sector, up-to-150-seat aircraft, Embraer's next-generation E2 jets, and the Airbus A220 are both solid competitors. Cadier added that since last year, LATAM has been studying other fleet alternatives. This is because Airbus and Boeing face issues in producing new aircraft and grounding planes requiring mandatory motor inspections. The head of Brazil's state development bank, BNDES, indicated last month that both LATAM and carrier Gol were in advanced talks for the addition of Embraer aircraft to their fleets. The move is strategic on the part of the airlines toward the adoption of more versatile fleet configurations and efficient fleets to boost regional operations. On Wednesday, however, LATAM's Chief Financial Officer Ramiro Alfonsin told reporters that nothing was as yet concrete. The carrier continues to weigh the potential advantages against the logistical implications of adding smaller aircraft models into its fleet mix in search of a better growth trajectory. This concludes the fact that LATAM Airlines is mulling over the Embraer and Airbus models as part of its clear commitment toward fleet efficiency optimization and adjustment with dynamic market demand. This exploration, therefore, would probably place the airline in a better position amid persisting industrial hurdles, leading to sustainable growth and better operational flexibility.

LATAM Airlines explores fleet expansion with Embraer and Airbus

Embraer, a Brazilian aerospace corporation, is targeting India, Saudi Arabia, the European Union, and the United States as key markets for its defence branch, specifically the C-390 Millennium aircraft. Bosco da Costa Junior, head of Embraer Defence, revealed this strategic focus at a press event on Tuesday (June 18).<o:p></o:p>

<h2 class="MsoNormal">India and Saudi Arabia: Key prospects<o:p></o:p></h2>

India's open tender for new military jets gives a huge opportunity. Embraer is actively taking part in this process. Meanwhile, Saudi Arabia is in preliminary talks with Embraer about replacing its outdated fleet of Lockheed Martin C-130 Hercules aircraft. Costa Junior stated that Saudi Arabia does not currently have an open tender but has an obvious demand for contemporary replacements. "We did a lot of studies and concluded that the C-390 could deliver additional capability in this replacement process," according to him. A potential contract with Saudi Arabia might include the acquisition of up to 25 units, with a decision expected within the next two to four years.<o:p></o:p>

<h2 class="MsoNormal">Broader international outreach<o:p></o:p></h2>

Embraer is also looking to extend its position in the European Union and other critical markets. In addition to Brazil, Portugal, Hungary, the Netherlands, Austria, the Czech Republic, and South Korea have chosen the C-390 Millennium. The corporation is seeking to expand its presence in Europe, with Sweden regarded as a prospective market. Embraer's plan for promoting the C-390 includes partnerships with local companies such as Mahindra in India and Saab in Sweden.<o:p></o:p>

<h2 class="MsoNormal">Aggressive expansion in the United States<o:p></o:p></h2>

Embraer is looking into several ways to boost its market share in the United States. Costa Junior acknowledged continuous efforts to work with the United States Marine Corps, Air Force, and special forces. "We do believe that the C-390 could add additional value to those entities in the US," he added. Embraer is also open to mergers and acquisitions to strengthen its position. "One thing is clear to us: We would like to become a partner of the US government."<o:p></o:p>

Costa Junior was straightforward when it came to potential concerns about US-China relations. He made clear that Embraer's defence sector has no contact&nbsp;with China and is completely focused on the US and NATO customers. "We are completely US and NATO-oriented," he stated.<o:p></o:p>

(With inputs from Agencies)<o:p></o:p>

Embraer, a Brazilian aerospace corporation, is targeting India, Saudi Arabia, the European Union, and the United States as key markets for its defence branch, specifically the C-390 Millennium aircraft.

Embraer, a Brazilian aerospace corporation, is targeting India, Saudi Arabia, the European Union, and the United States as key markets for its defence branch, specifically the C-390 Millennium aircraft. Bosco da Costa Junior, head of Embraer Defence, revealed this strategic focus at a press event on Tuesday (June 18). India and Saudi Arabia: Key prospects India's open tender for new military jets gives a huge opportunity. Embraer is actively taking part in this process. Meanwhile, Saudi Arabia is in preliminary talks with Embraer about replacing its outdated fleet of Lockheed Martin C-130 Hercules aircraft. Costa Junior stated that Saudi Arabia does not currently have an open tender but has an obvious demand for contemporary replacements. "We did a lot of studies and concluded that the C-390 could deliver additional capability in this replacement process," according to him. A potential contract with Saudi Arabia might include the acquisition of up to 25 units, with a decision expected within the next two to four years. Broader international outreach Embraer is also looking to extend its position in the European Union and other critical markets. In addition to Brazil, Portugal, Hungary, the Netherlands, Austria, the Czech Republic, and South Korea have chosen the C-390 Millennium. The corporation is seeking to expand its presence in Europe, with Sweden regarded as a prospective market. Embraer's plan for promoting the C-390 includes partnerships with local companies such as Mahindra in India and Saab in Sweden. Aggressive expansion in the United States Embraer is looking into several ways to boost its market share in the United States. Costa Junior acknowledged continuous efforts to work with the United States Marine Corps, Air Force, and special forces. "We do believe that the C-390 could add additional value to those entities in the US," he added. Embraer is also open to mergers and acquisitions to strengthen its position. "One thing is clear to us: We would like to become a partner of the US government." Costa Junior was straightforward when it came to potential concerns about US-China relations. He made clear that Embraer's defence sector has no contact with China and is completely focused on the US and NATO customers. "We are completely US and NATO-oriented," he stated. (With inputs from Agencies)

Embraer targets global expansion for C390 Millennium defence aircraft

There is positivity in the private jet sector now. Brazil's Embraer has met the top end of its target revenue range for the current financial year.

Pandemic recovery for private jets: Embraer sees revenue at the top of the range

Plane maker Embraer has delivered 14 jets in the first quarter of this year which includes six commercial and eight executive planes. Embraer plane backlog has hit 17.3 billion on March 31st.

Plane maker Embraer delivers 14 jets in Q1

Threat of coronavirus is still looming large over plane makers but a few are bullish on demand ahead as well. Brazilian plane maker Embraer has published its 20-year market outlook for commercial aircraft deliveries.

Brazilian plane maker Embraer publishes 20-year commercial market outlook

The agreement with Fahari Aviation, the unmanned aircraft division of Kenya Airways, aims to design a network for the safe operation of Electric Vertical Aircraft

Embraer and Kenya Airways agree to study flying taxis

&nbsp;

India&#39;s central bureau of investigation (CBI) on Wednesday claimed Embraer paid $5.5 million to a middleman for the purchase of three EMB-145 Embraer airplanes.&nbsp;

 
&quot;The CBI is now contacting some foreign enforcement agencies to ascertain details of the payment,&quot; a CBI source said.

 
India&#39;s defence minister had ordered an investigation into the deals, following corruption allegations, Reuters reported.&nbsp;

 
Embraer has been&nbsp;under scrutiny since 2010 by the US, when a deal with Dominican Republic raised red flags, a Brazilian newspaper had reported.&nbsp;

 
Till now eight countries, who had agreed to carry out deals with the company, have&nbsp;come under scanner,&nbsp;according to media reports.&nbsp;

 
India&#39;s Defence Research and Development Organisation (DRDO) had made the deal worth USD 208 million.&nbsp;

&nbsp;

(WION with inputs from Reuters) 
&nbsp;

Embraer has been?under US scrutiny since 2010, when an Embraer aircraft deal with Dominican Republic raised red flags

India's central bureau of investigation (CBI) on Wednesday claimed Embraer paid $5.5 million to a middleman for the purchase of three EMB-145 Embraer airplanes. "The CBI is now contacting some foreign enforcement agencies to ascertain details of the payment," a CBI source said. India's defence minister had ordered an investigation into the deals, following corruption allegations, Reuters reported. Embraer has been under scrutiny since 2010 by the US, when a deal with Dominican Republic raised red flags, a Brazilian newspaper had reported. Till now eight countries, who had agreed to carry out deals with the company, have come under scanner, according to media reports. India's Defence Research and Development Organisation (DRDO) had made the deal worth USD 208 million. (WION with inputs from Reuters)

Embraer aircraft deal: Probe finds $5.5mn paid to middleman

India&#39;s defence ministry has written to the central bureau of investigation seeking a probe into the $208-million Embraer aircraft deal that has come under cloud over alleged graft, Indian news agency PTI reported today.&nbsp; 
 
The deal was inked in 2008 under the tenure of former United Progressive Alliance &nbsp;(UPA) government between Brazilian company, Embraer, and the DRDO for three aircraft equipped with indigenous radars for AEW&amp;C (airborne early warning and control systems). 
 
Defence Research and Development Organization, the research and development wing of the defence ministry, chief on Monday briefed Indian defence minister Manohar Parrikar.&nbsp; 
 
The DRDO has already approached the Brazilian company Embraer for an explanation over media reports suggesting the firm had hired an Indian middlemen based in the United Kingdom to get the deal through in 2008. 
 
&quot;I am not going to give a knee jerk reaction and just make a statement based on rumours. I have asked for a report which will be submitted on Monday, and if the issues are of a criminal nature, then we can forward this case to the CBI for a criminal investigation and if there are just procedural issues then we can do an internal investigation,&quot; Parrikar was quoted as saying by media.&nbsp; 
 
Embraer has been under investigation by the United States Justice Department since 2010 when a contract with the Dominican Republic raised the Americans&#39; suspicions. 
 
 
(WION with inputs from agencies)&nbsp;

The $208-million aircraft deal inked in 2008 has come under cloud over alleged graft

India's defence ministry has written to the central bureau of investigation seeking a probe into the $208-million Embraer aircraft deal that has come under cloud over alleged graft, Indian news agency PTI reported today. The deal was inked in 2008 under the tenure of former United Progressive Alliance (UPA) government between Brazilian company, Embraer, and the DRDO for three aircraft equipped with indigenous radars for AEW&C (airborne early warning and control systems). Defence Research and Development Organization, the research and development wing of the defence ministry, chief on Monday briefed Indian defence minister Manohar Parrikar. The DRDO has already approached the Brazilian company Embraer for an explanation over media reports suggesting the firm had hired an Indian middlemen based in the United Kingdom to get the deal through in 2008. "I am not going to give a knee jerk reaction and just make a statement based on rumours. I have asked for a report which will be submitted on Monday, and if the issues are of a criminal nature, then we can forward this case to the CBI for a criminal investigation and if there are just procedural issues then we can do an internal investigation," Parrikar was quoted as saying by media. Embraer has been under investigation by the United States Justice Department since 2010 when a contract with the Dominican Republic raised the Americans' suspicions. (WION with inputs from agencies)

India's defence ministry writes to central bureau of investigation over Embraer deal

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