Embraer and Aviation Industry Corporation of China (AVIC) signed (12-Apr-2011) a framework agreement aiming to implement a Legacy 600/650 production line in China, using the infrastructure, financial resources and workforce of their JV company Harbin Embraer Aircraft Industry Company (HEAI). In the next few weeks, the parties will finalise the details of the project and execute the relevant documentation. For the past year, Embraer and Brazil have been lobbying China to allow the company to start producing its E-Jet family in China (Reuters, 12-Apr-2011). Embraer has not gained approval prompting it to focus on China's business jet market instead. [more]
Embraer and AVIC enter framework agreement for Legacy production line
You may also be interested in the following articles...
The Trump presidency casts a long shadow over a tentative recovery in Latin America
After battling dismal economic conditions for the past two years, Latin America is poised to begin pulling itself out of fiscal decay in 2017. Near the end of 2016, forecasts tilted toward a return of modest GDP growth between 1.5% and 2% for 2017 after the region endured an economic recession for the prior two years.
CAPA Aviation Outlook 2017: Australia & New Zealand - amid global uncertainty, China again the rock
As 2016 draws to a close, CAPA - Centre for Aviation reviews the past year for aviation in the Australia Pacific region and what lies ahead for 2017.
In an uncertain world, from the disruption of Brexit to the likely confrontationalist attitudes of a Trump administration, and instability in many parts of the world, from Russia to the Middle East to Asia, Australia and New Zealand's aviation sectors are mostly in rude health, with liberal policy settings and globally high service levels. Yet each of the main airlines in Australia and New Zealand still relies heavily on its domestic markets.
China has asserted its relevance in world aviation recently and over the past couple of years its airlines have rapidly expanded into the two south Pacific countries. With 2017 declared the ‘China Australia Year of Tourism’ by China’s tourism bureau, continued substantial activity can be expected in that market.
Qantas' 787 Perth-London service plans have made clear the role of the long haul medium size equipment, but aside from the innovative elements, retaining a cost focus and keeping the basics under control will be key to the future.