Embraer

Mahindra Group on Friday said it has inked a pact with Embraer Defense & Security for introduction of C-390 Millennium military transport aircraft in India. Embraer Defense & Security and Mahindra Group have signed a landmark strategic cooperation agreement (SCA) to advance the C-390 Millennium solution for the Indian Air Force's Medium Transport Aircraft (MTA) programme, the Mumbai-based Mahindra Group said in a statement. This agreement was inked alongside the inauguration of Embraer's national office in Aerocity, New Delhi. The agreement builds upon the memorandum of understanding signed in February 2024 at the Embassy of Brazil in New Delhi, deepening the scope of cooperation to include joint marketing, industrialisation and developing India as a hub for the C-390 Millennium. Since the signing, the C-390 Millennium aircraft has further increased its operator base globally. Embraer and Mahindra Group will work closely with stakeholders in the country and engage with India's

"We are evaluating three aircraft models, the E-2 from Embraer, the A220 from Airbus, and the 737 MAX 7 from Boeing," CEO Mesfin Tasew Bekele said

India has an open tender to buy military planes while Saudi Arabia, looking to replace an aging fleet of Lockheed Martin's C-130 Hercules, is currently in early engagement with Embraer

Deliveries of the MTA are required to commence within 36 months of signing a contract

Brazilian aircraft maker Embraer sees a good opportunity to partner with India to develop a strong aerospace industry in both the countries by synergising their strengths, company President and CEO Francisco Gomes Neto said on Friday. The challenges in the global supply chain brought by the pandemic also brings about opportunities to develop new partnerships in order to develop resilience, he said while speaking at a panel discussion at the B20 Summit India 2023. "India has a very competitive labour cost. India has the availability of engineering, design, (and) technical expertise, and we from Embraer, we have knowledge and experience to develop, certify and manufacture aircraft. So it seems to be a good opportunity to have collaboration," Neto said. He further said, "I'm sure we can bring both things together, create a strong aerospace industry on both sides." Neto stressed that there are a lot of opportunities among the G20 nations for collaboration but it should be "more effecti

Pratt & Whitney "It is definitely a topic in discussions with customers," said Arjan Meijer, chief executive of Embraer Commercial Aviation

The government will keep 51% equity with an Indian company, while asking the foreign partner to do technology transfer, the people said

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Says it's looking at various partnering options for next-gen turboprop aircraft

Brazilian company Embraer which is the third-largest airplane maker after Boeing and Airbus, has become latest victim of a ransomware attack, reports said.

One of the arrangements the government is considering is a tie-up with a sovereign fund to finance the deal

In Asia the company has 13 customers operating 164 aircrafts and recently it has added three new customers including one India customer, Delhi-based Star Air

Embraer will provide training as well as 'heavy discounts' to AIESL on tools and equipment

Original timeline for the aircraft had projected a rollout in the first half of 2017

Probe had found evidence of wrongdoing in deals with India, Saudi Arabia, Mozambique and the Dominican Republic

The deal for purchase of the aircraft during the UPA regime has kicked up dust with US authorities going into alleged payment of kickbacks

Parrikar has said if there is a criminal angle to the deal than it would be probed by the Central Bureau of Investigation

The defence minister seeks report from the DRDO by Monday

Over alleged payment of bribes in a 3-aircraft deal in 2008, which is being probed by prosecutors in Brazil & the US Justice Department