ch-aviation linky.The Government of India is “very interested” in buying Embraer’s Commercial Aircraft division, an unnamed “top-ranking government official” has told India’s Business Standard newspaper.
“We are very interested. We are exploring alternatives,” the official said, elaborating that India’s interest had been conveyed to the Brazilian government and that financing could be made via India’s sovereign wealth fund, the National Investment and Infrastructure Fund.
It is the first time the Indian government has confirmed a willingness to strike a deal since Reuters reported exclusively on May 29, following Boeing’s exit from an anticipated USD4.2 billion commercial aviation tie-up, that both India and China’s state-owned COMAC manufacturer had expressed informal interest in cooperation with Embraer.
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India wanting to buy Embraer's aeroplanie division
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India wanting to buy Embraer's aeroplanie division
As always, we can blame Verbie.
International Ban ALL Aeroplanies Association, founder and president.
"I think, based on the types of aircraft listed, you're pretty much guaranteed a fiery death."
- Contemporary Poet flyboy2548m to a Foffie.
"I think, based on the types of aircraft listed, you're pretty much guaranteed a fiery death."
- Contemporary Poet flyboy2548m to a Foffie.
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