LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Posted (6 years 5 months 6 days 18 hours ago) and read 1792 times:
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Today, Mr. Guido Mantega (President of BNDES, the state bank for development and Long Term financing in Brazil) announced that a new credit line, specially designed for Brazilian Airliners buy Embraer jets with lower interest rates, long term and secured, will be available for the market (probably TAM and GOL in a first move) probably in October.
The credit line will be also available for manufacturers of spare parts with special interest in made them in Brazil as nowadays more than 60% of E-jets parts are imported by Embraer.
TAM will decide up to the end of the year which model will replace their Fokker 100 fleet (nowadays 23 planes) and their president, Mr. Bologna, previously stated that the Embraer 190 is the best option available in the up to 100 seats market.
GOL also could take an advantage of this credit line as they have a strong cash position and the E-jet family can help them in lower density routes.
The interview was given to a Rio Newspaper " O GLOBO " and its available thru this link in Portuguese:
1 PPVRA: Good news. It's also good to point out that currently it is more expensive for Brazilian airlines to buy a/c directly from Embraer than imported ones
2 LipeGIG: Yes, and we could expect 20 to 30 orders from Embraer and probably the same from Gol. And PPVRA, as Lula several times extend lines from BNDES for So
3 PPVRA: Lipe, BRA is also rumored to be looking into the E-190/5s. Hope to see many around, esp. approachig @ CGH.. ahh, what a sight!! Miss the ERJs landing
4 LipeGIG: But they keep landing there, by the wings of Brazilian Air Force. Some are based on GIG, PLU, BSB, SDU and some others. Probably on GRU or Campo de Ma
5 Brasuca: I could not read the news in that link, as I'm not subscribed with GLOBO. But great news indeed. I had heard rumours about TAM seriously evaluating th
6 BSBIsland: THAT is something I was wondered and coudn´t understand!
7 LipeGIG: I'm sending a private message to you with the article. Concerning to flights, Gol, Rico, Tam, Webjet and others can start jet services not only for t
Brasuca From Brazil, joined Mar 2004, 717 posts, RR: 14 Reply 8, posted (6 years 5 months 6 days 15 hours ago) and read 1663 times:
BSBIsland,
I don't know when it has been settled, but this striking difference is because of Brazilian Export Incentive Programme, which lowered taxes for foreign companies to ease access into Brazilian market. I guess it originated late from Real devaluation.
I believe they didn't consider brazilian emerging aviation market at that time. Mistakes can happen anytime, and corrected too. Good to see authorities retrieving the good sense!
FCKC From France, joined Nov 2004, 2341 posts, RR: 4 Reply 9, posted (6 years 5 months 6 days 12 hours ago) and read 1584 times:
That would be great TAM , and eventually GOL get EMB190s.
That's a shame , up to now , none of the Brasilian airlines do not have any new generation Embraer jets in their fleets.
Only one shadow if Gol gets EMB190s , it will mean no A318s for them...........
FCKC From France, joined Nov 2004, 2341 posts, RR: 4 Reply 10, posted (6 years 5 months 6 days 12 hours ago) and read 1585 times:
That would be great TAM , and eventually GOL get EMB190s.
That's a shame , up to now , none of the Brasilian airlines do not have any new generation Embraer jets in their fleets.
Only one shadow if TAM gets EMB190s , it will mean no A318s for them...........
Brasuca From Brazil, joined Mar 2004, 717 posts, RR: 14 Reply 11, posted (6 years 5 months 6 days 11 hours ago) and read 1570 times:
Quoting LipeGIG (Reply 7): I'm sending a private message to you with the article.
Thank you! I read it and it was very helpful. There is really a big market for them in Brazil. I'm optimistic about it.
As posted in another thread, resuming E-Jets operations is part of VARIG restructuring plans. Can't wait to see!!!
Quoting LipeGIG (Reply 7): I can bet my 2 cents that Venezuela probably will buy some E-jets for their new airline using this credit line (and with oil guarantee)
Ahhh... Lula and Chávez - tudo a ver!!! So true!!! Excellent remark!!!
Quoting FCKC (Reply 10): Only one shadow if TAM gets EMB190s , it will mean no A318s for them
In the article LipeGIG provided me, TAM's CEO states that E190 are the best option for F100 replacement.
Brasuca From Brazil, joined Mar 2004, 717 posts, RR: 14 Reply 13, posted (6 years 5 months 6 days 7 hours ago) and read 1434 times:
Quoting Erikwilliam (Reply 12): On a side note, Mr. Guido Mantega is a aviation enthusiast, does it has anything to do with this?
This is new info for me. Then, he must be part of aviation political lobby. But I think no one beats our President enthusiasm for aviation... (...although he doesn't understand anything!)
Erikwilliam From Brazil, joined Mar 2004, 2152 posts, RR: 18 Reply 14, posted (6 years 5 months 6 days 7 hours ago) and read 1409 times:
Quoting Brasuca (Reply 13): (...although he doesn't understand anything!)
he sure does understand one thing.He needed to fly with style, so he bought one f**ing nice airplane, too bad he left other priorites. but it´s a whole other thing.
Dida, Cafu, Lucio, Roque Junior, Roberto Carlo, Emerson, Ze Roberto, Ronaldinho, Kaka, Adriano, Robinho, Ronaldo
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 15, posted (6 years 5 months 6 days 6 hours ago) and read 1370 times:
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Quoting FCKC (Reply 10): Only one shadow if TAM gets EMB190s , it will mean no A318s for them...........
FCKC, i think Airbus runs A318 production line together with A319, A320 and A321. Am i right ? Embraer probably can deliver planes in a short term (3 to 6 months) , do you think Airbus could deliver A318`s in less than one year ?
And for Tam is good to keep both revenues and expenses in the same currency (Real), its good for them, for Airbus (Tam become stronger and less suitable for currency devaluations) and for Brazil (less leasing to be paid abroad).
Regards,
Felipe
New York + Rio de Janeiro = One of the best combinations !
PPVRA From Brazil, joined Nov 2004, 7947 posts, RR: 49 Reply 16, posted (6 years 5 months 6 days 5 hours ago) and read 1356 times:
Quoting Brasuca (Reply 5): (Rico, Total, Meta, TAF are doing very well in intra-northern routes)
Rico was the first airline that came to my mind in the N. region. The E-jets are made for them
Quoting Brasuca (Reply 11): As posted in another thread, resuming E-Jets operations is part of VARIG restructuring plans. Can't wait to see!!!
I miss the Rio Sul/Varig ERJs, don't expect them coming back though... but given how well TAM did with the F-100s, I can see RG acquiring E-190s in the future. But it's too far out to ve realistic, can only hope for now
Quoting LipeGIG (Reply 15): And for Tam is good to keep both revenues and expenses in the same currency (Real), its good for them, for Airbus (Tam become stronger and less suitable for currency devaluations) and for Brazil (less leasing to be paid abroad).
Synergy Aerospace. They own the F100s and F50s, any chance they could go for some Embraers now? They seem to go for second hand a/c, so I'm not sure...?
Cheers
[Edited 2005-09-09 18:21:16]
"If goods do not cross borders, soldiers will" - Frederic Bastiat
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 18, posted (6 years 5 months 6 days 5 hours ago) and read 1331 times:
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Quoting PPVRA (Reply 16): Synergy Aerospace. They own the F100s and F50s, any chance they could go for some Embraers now? They seem to go for second hand a/c, so I'm not sure...?
In the short run, Synergy probably will not take any E-jets as they just leased (or buy ?) several F100`s for both Avianca and Ocean Air operations. In the long term (may be in 1 or 2 years) they probably buy some E-jets (just for expand their networks or to replace part or all of their F100 fleet).
Lets see the reaction of the people for the F-27-100 against a possible E-190. My opinion: I will all times fly the E190 (imagine an E190 like Song and JetBlue planes...) !
Felipe
New York + Rio de Janeiro = One of the best combinations !
TR763 From Brazil, joined Mar 2001, 752 posts, RR: 20 Reply 19, posted (6 years 5 months 6 days 4 hours ago) and read 1307 times:
Quoting Erikwilliam (Reply 12): and remember that when Presidente Rolim was alive, he signed a MOI with Embraer about the E-190
And after Rolim died what happened to this MOI? Did the new management put it to the side, giving priority to the airbusses?
Because otherwise JJ should be already flying the E-jets I think.
That's something great, I can't wait to see our airlines flying them!
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 21, posted (6 years 5 months 6 days 2 hours ago) and read 1256 times:
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Quoting TR763 (Reply 19): And after Rolim died what happened to this MOI? Did the new management put it to the side, giving priority to the airbusses?
Because otherwise JJ should be already flying the E-jets I think.
TR763,
Tam keep with the MOI in force. Embraer every time see Tam as a future huge customer (and from now on and as soon as this credit line has been authorized, Gol, Rico, Varig, WebJet, Samba, Fly....).
I imagine up to 100 E-jets flying in South America airlines in 5 years.
Quoting TR763 (Reply 19): That's something great, I can't wait to see our airlines flying them!
Me too. Also, imagine how many charters they can allow Gol, Tam and Varig to do with their Airbus and Boeing fleet as the E-jets can replace in the weekends route like CGH-BSB, CGH-SDU, GIG-CNF....
Felipe
New York + Rio de Janeiro = One of the best combinations !
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 23, posted (6 years 5 months 5 days 18 hours ago) and read 1145 times:
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Quoting Brasuca (Reply 22): Quoting BSBIsland (Reply 20):
Sure it is.
From BSB also? Good, maybe we could meet some day
Claro!!!
I'm sending you a private message now
Hey guys! Let me know the date, if it is a weekend i will try (if you allow me ) to take part ! Good way to fly PP-VRA (broken now) and PP-VRB !
I`ll be probably in Sao Paulo
Felipe
New York + Rio de Janeiro = One of the best combinations !
Brasuca From Brazil, joined Mar 2004, 717 posts, RR: 14 Reply 24, posted (6 years 5 months 5 days 17 hours ago) and read 1143 times:
Quoting LipeGIG (Reply 21): I imagine up to 100 E-jets flying in South America airlines in 5 years.
I'm really optimistic with this Government measure, but you are waaay more than me! LOL
I hope you are right, but 100 in five years? That's too much! Could Embraer deliever that much in such a short period? GOL will be in Brazil what Emirates did abroad, regarding aircraft orders.
LipeGIG,
You're welcome anytime!!!
I'm sending you a private message too.
Vector From Brazil, joined Apr 2000, 214 posts, RR: 11 Reply 25, posted (6 years 5 months 5 days 9 hours ago) and read 1106 times:
Embraer Is delivering around 6 E-Jets a month. And surely can increase this rate by 4 more...
Then considering 10 a month, it will means 120 a year... or 600 in 5 five years. 100 for Latin America is possible, it´s all depends on which will be the demand and will depend to on the orderbook from others parts.
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 26, posted (6 years 5 months 5 days 3 hours ago) and read 1052 times:
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Quoting Brasuca (Reply 24): I'm really optimistic with this Government measure, but you are waaay more than me! LOL
I hope you are right, but 100 in five years? That's too much! Could Embraer deliever that much in such a short period? GOL will be in Brazil what Emirates did abroad, regarding aircraft orders.
We can say that TAM probably can order from 23 to 30 planes. Gol could take 10 to 15, other brazilian airlines from 5 to 10, also:
AR - 5 to 10
Venezuela New Airliners - 5 to 20
Other carriers like Taca, LAB, Copa, Mexican Airlines... from 10 to 30
With good conditions (i.e. a just interest rate) and long finance, Latin America can really buy a lot of E-Jets.
And probably Tam expertise and pax comments will drive others to E-Jets!
Quoting Vector (Reply 25): Then considering 10 a month, it will means 120 a year... or 600 in 5 five years. 100 for Latin America is possible, it´s all depends on which will be the demand and will depend to on the orderbook from others parts.
And also Vector, can we expect another increase due to the availability on ERJ-135/140/145 line ? Or the increase informed (from 6 to 10) is already due to this ?
Felipe
New York + Rio de Janeiro = One of the best combinations !
Hardiwv From Brazil, joined Oct 2004, 8780 posts, RR: 56 Reply 27, posted (6 years 5 months 5 days 3 hours ago) and read 1037 times:
Quoting LipeGIG (Reply 26): Tam expertise and pax comments will drive others to E-Jets!
No doubt; the Brazilian aviation market in itself is vital for Embraer. I think Brazil is the second or third biggest aviation market for regional/medium-sized planes. Look at the number of Embraer props flying in Brazil!! They will all need to be replaced one day or another...
PPVRA From Brazil, joined Nov 2004, 7947 posts, RR: 49 Reply 28, posted (6 years 5 months 5 days 1 hour ago) and read 1012 times:
Quoting LipeGIG (Reply 21): I imagine up to 100 E-jets flying in South America airlines in 5 years.
3 down, 97 to go... hope you're right though
Quoting LipeGIG (Reply 26): Or the increase informed (from 6 to 10) is already due to this ?
I think he meant as it is feasible, not that it already goes on. But ya, I would think it's due to the lower outputs on the RJ side.
You guys have no idea how I really want to see a big ERJ order right now. E-jets too, but ERJ would be really cool. Maybe the Chinese can make my dream come true. Love that plane
Cheers
"If goods do not cross borders, soldiers will" - Frederic Bastiat
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 29, posted (6 years 5 months 5 days ago) and read 1008 times:
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Quoting PPVRA (Reply 28): 3 down, 97 to go... hope you're right though
Copa is already a customer. JJ probably order 25 or 30. I hope you can count even more than 100!
Quoting PPVRA (Reply 28): You guys have no idea how I really want to see a big ERJ order right now. E-jets too, but ERJ would be really cool. Maybe the Chinese can make my dream come true. Love that plane
Chinese are trying to close more deals with ERJ-145 but i think they will be made in China's facility and not in Brazil.
Felipe
New York + Rio de Janeiro = One of the best combinations !
LipeGIG From Brazil, joined May 2005, 10935 posts, RR: 64 Reply 32, posted (6 years 5 months 2 days 17 hours ago) and read 868 times:
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Today Varig has announced their recovery plan and on they state their interest on a 50 to 70 seats plane for regional routes. If RG can in the future buy new planes probably we can see some E-jets wearing Varig colors.
No numbers or dates given.
Rgds,
Felipe
New York + Rio de Janeiro = One of the best combinations !
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From Brazil, joined May 2005, 10935 posts, 
From France, joined Nov 2004, 2341 posts, 
(...although he doesn't understand anything!)
That's too much! Could Embraer deliever that much in such a short period? GOL will be in Brazil what Emirates did abroad, regarding aircraft orders.
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