{"id":6414,"date":"2023-04-11T15:48:18","date_gmt":"2023-04-11T15:48:18","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/brazils-embraer-eyes-deal\/"},"modified":"2023-04-11T15:50:32","modified_gmt":"2023-04-11T15:50:32","slug":"brazils-embraer-eyes-deal","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/brazils-embraer-eyes-deal\/","title":{"rendered":"Brazil’s Embraer eyes deal with Chinese airline for 20 E-jets -sources"},"content":{"rendered":"

By Gabriel Araujo<\/p>\n

RIO DE JANEIRO (Reuters) – Brazilian planemaker Embraer SA aims to sign a deal for the sale of 20 commercial jets to a Chinese airline during President Luiz Inacio Lula da Silva’s visit to China this week, two people familiar with the matter told Reuters on Tuesday.<\/p>\n

The deal would mark a breakthrough for Embraer in China, where it has struggled to find new business since the 2016 closure of a joint venture at a factory\u00a0in\u00a0Harbin.<\/p>\n

That venture with Chinese group Avic, launched in 2003 during Lula’s first presidential term, produced a previous generation of regional jets and Legacy 650 executive jets.<\/p>\n

Embraer has delivered 110 commercial aircraft to Chinese airlines, including 70 to Hainan Airlines and 20 to China Southern, according to securities filings. The planemaker has not received a new order from a Chinese airline since leaving Harbin in 2016.<\/p>\n

ICBC Financial Leasing, a subsidiary of the Industrial and Commercial Bank of China, had received five of 10 next-generation E-195-E2 on order at the end of last year, according to an Embraer filing.<\/p>\n

\n

(Reporting by Gabriel Araujo; Editing by Brad Haynes)<\/p>\n

\"tagreuters.com2023binary_LYNXMPEJ3A0KD-VIEWIMAGE\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Gabriel Araujo RIO DE JANEIRO (Reuters) – Brazilian planemaker Embraer SA aims to sign a deal for the sale of 20 commercial jets to a Chinese airline during President Luiz Inacio Lula da Silva’s visit to China this week, two people familiar with the matter told Reuters on Tuesday. The deal would mark a […]<\/p>\n","protected":false},"author":8,"featured_media":6415,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-6414","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3A0KD-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/6414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=6414"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/6414\/revisions"}],"predecessor-version":[{"id":6416,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/6414\/revisions\/6416"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/6415"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=6414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=6414"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=6414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}