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EMBRAER ANNOUNCES US$40 MLN INVESTMENT IN ASIA PACIFIC
Published in Saudi Press Agency on 04 - 04 - 2007


SPA-- Embraer, the world's fourth largest
aircraft maker, Wednesday announced plans to significantly expand its presence in the Asia Pacific with an investment of US$40 million this year, Malaysian state news agency Bernama reported.
The plans include new commercial agreements and collaboration with
industry service provider that will allow it to offer enhanced training and
spare parts distribution to a growing number of Embraer customer in the
region.
"Asia is an extremely important region for Embraer. Recent sales have
demonstrated that the market here is well suited to our products,"
Embraer's executive vice-president, airline market, Frederico Fleury
Curado, said at a news conference here.
The expansion is a direct result of Embraer's growing orders for
regional jets which have reached a firm backlog of 128 aircraft for the
Asia Pacific region, including China.
Embraer, headquartered in Brazil, is the world's largest manufacturer
of commercial jets up to 120 seats and one of Brazil's leading exporters.
-- SPA


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