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AEROSPACE
Embraer signs 1.5-billion-dollar deal with China's AVIC

by Staff Writers
Sao Paulo (AFP) Nov 17, 2010
Brazilian aircraft manufacturer Embraer said Wednesday it had signed a deal with China's AVIC International Leasing to finance the purchase and leasing of up to 1.5 billion dollars' worth of planes over five years.

The agreement is to facilitate the sale of Embraer aircraft in China and other markets with a focus on regional routes and business travel, the company said in a statement.

AVIC has a fleet of 62 aircraft and a leasing book worth 1.2 billion dollars.

Embraer is the third biggest commercial aircraft maker in the world, behind Airbus and Boeing. It has a factory in China.



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AEROSPACE
China wins orders for 100 homegrown passenger jets
Beijing (AFP) Nov 16, 2010
China on Tuesday won orders for 100 of its large, domestically built passenger jets, challenging industry giants Airbus and Boeing in what will soon become the world's largest aviation market. China's three largest airlines signed deals to buy the C919, as did other firms including the aircraft leasing arm of General Electric, the official Global Times newspaper said on its website. The ... read more







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