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Montevideo, April 23rd 2019 - 06:24 UTC

Venezuela purchases 20 commercial aircraft from Brazil in a 900m dollars deal

Wednesday, August 1st 2012 - 05:09 UTC
Full article 9 comments
The E-190 has been sold to 60 airlines in 42 countries The E-190 has been sold to 60 airlines in 42 countries

Venezuela signed on Tuesday an agreement to purchase 20 commercial aircraft from Brazil’s Embraer in an operation valued at 900 million dollars

The deal was sealed on the sidelines of the Mercosur extraordinary summit for the inclusion of Venezuela as a full member of Mercosur.

Brazilian president Dilma Rousseff and her Venezuelan peer Hugo Chavez attended the ceremony which contemplates the delivery of the first six aircraft before the end of the year, valued at 270 million dollars.

The E-190 is a mid range commercial aircraft which can carry between 98 and 114 passengers and has become a success in several Arab countries. The E-190 in its several versions has been sold to 60 airlines in 42 different countries.

The contract includes an additional 14 aircraft of the same model “with a total value of 900 million dollars when all the purchase options are confirmed and completed” according to the contract. The aircraft are for Venezuela’s national airline Conviasa.

At the ceremony the Venezuelan president was given a scale model of the E-190.

Categories: Economy, Politics, Mercosur.

Top Comments

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  • The Chilean perspective

    Ahhhhhh, this is why Brazil was so keen to get Venezuela in Mercosur, they must have done a deal and this is the pay off.

    Aug 01st, 2012 - 07:59 am 0
  • Redrabs

    Just concentrating on the Jets - Flybe use them on certain routes to and from the UK and they are very good with lots passenger leg space and only 2 seats each eide of the aisle.

    Aug 01st, 2012 - 09:38 am 0
  • ManRod

    entrance fee venezuela had to pay to get into the Mercosur.
    What did Argentina, Uruguay... and still member Paraguay get in exchange?

    Aug 01st, 2012 - 12:10 pm 0
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