Brazilian government prepares unprecedented public insurance to support Embraer aircraft sales
By
André Borges
If you only eat one bagel today, this is the bagel.
Summary
The Brazilian federal government is developing an unprecedented public insurance scheme, with risk assumed by the Union itself, to support Embraer's commercial aircraft sales both domestically and internationally. The goal is to boost the Brazilian manufacturer's competitiveness against giants like Airbus and Boeing in the regional jet market. The proposal involves the government offering insurance to cover financing risks contracted by buyers through banks.
Key quotes
· 3 pulledO governo federal trabalha na elaboração de um seguro público inédito, com risco assumido pela própria União, para apoiar as vendas de aviões comerciais da Embraer
O objetivo é ampliar a competitividade da fabricante brasileira frente a gigantes como Airbus e Boeing na oferta de jatos comerciais
A proposta, conforme informações obtidas pela Folha, prevê que o governo federal passe a oferecer um seguro para cobrir riscos de financiamentos contratados pelos compradores junto aos bancos
You might also wanna read
Airbus vs Boeing: How European Industrial Policy Created an Aerospace Leader
The article examines Airbus's rise as a successful example of European industrial policy that has surpassed its American rival Boeing. It co
worksinprogress.co·7mo ago
Canada selects Saab's GlobalEye over Boeing for early warning aircraft fleet
Canada, under Prime Minister Mark Carney, has announced plans to purchase Saab's GlobalEye early warning aircraft from Sweden instead of Boe
theguardian.com·21d ago
UK Government to Purchase Incompatible F-35A Fighters for NATO Deterrence
The UK government plans to purchase 12 F-35A fighters capable of carrying nuclear weapons for NATO deterrence, but these jets are incompatib
theregister.com·11mo ago