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Chinese firm signs 2.2 bln dlr financing deal with Embraer
Sao Paulo (AFP) Dec 11, 2009 A Chinese firm, CDB Leasing, has signed a three-year deal with Brazil's Embraer to help Chinese and foreign clients finance the purchase of its aircraft for a total of up to 2.2 billion dollars, Embraer said. "The deal is designed to improve acquisition opportunities for Embraer aircraft in the People's Republic of China and abroad, and is aimed at the development of the Chinese regional aviation market," it said in a statement late Thursday. Embraer is the third biggest commercial plane maker in the world after Airbus and Boeing. CDB Leasing is the main financing firm in China, Embraer said. Share This Article With Planet Earth
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Greener landings in climate-aware SwedenIn The Cockpit Of An Airbus A321 (AFP) Dec 4, 2009 At 9,000 metres, the pilot idles the engines and begins gliding the Airbus toward Stockholm's Arlanda Airport in a fuel-slashing "green landing". By pulling back the engines, pilot Henrik Ekstrand is saving his charter company, Novair, 300 litres (66 gallons) of fuel -- cutting costs and carbon emissions in an industry under financial and environmental pressure. His flight is also an ... read more |
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