Friday, March 9, 2018

Embraer in talks with several Indian airlines on E-175 jet orders: exec


HYDERABAD: Embraer SA is in talks with several major Indian airlines about potential orders of its E-175 regional jet, an executive at the Brazilian jet manufacturer said on Friday. 

Indian carriers have traditionally used turboprops rather than jets for regional operations, although the now-defunct Air Costa still has an order for 50 jets valued at about $3 billion on Embraer's books. 

Cesar Pereira, Embraer's Vice President for sales and marketing in the Asia Pacific, said his company was talking to Interglobe Aviation Ltd's IndiGo unit, SpiceJet LtdBSE 2.25 %, national carrier Air India, Jet Airways Ltd and Vistara about buying E-175 jets. 

India is the only country among BRIC peers Brazil, Russia and China that does not have a significant fleet of regional jets with a capacity of 70-150 seats, he said on the sidelines of the Wings India airshow. 

"That means in the future there will be regional jets, because they are needed," he said. "It's just a matter of time." 


No comments:

Post a Comment

Vistara invites applications for Sr. Executive Taxation (Intl. Compliance)

Sr. Executive Taxation (Intl. Compliance) Gurgaon    Qualification: CA or B. COM graduate or MBA Finance from a recognized university ...