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Brazilian planemaker Embraer targets defense jet sales in Mexico visit
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Brazilian planemaker Embraer targets defense jet sales in Mexico visit
Sep 30, 2024 10:32 PM

MEXICO CITY, Sept 30 (Reuters) - Brazilian planemaker

Embraer ( ERJ ) views Mexico as a prime market for its Super

Tucano and C-390 defense aircraft, the company's head said on

Monday.

Embraer ( ERJ ) CEO Francisco Gomes Neto said that the planemaker,

the world's third-largest, was in active talks with Mexico's

government and had brought a C-390 to the country for

demonstration flights.

The C-390 is known as a multi-mission aircraft, and competes

with Lockheed's C-130.

"We believe it can be a great solution for Mexico," Gomes

Neto told Reuters during a visit to Mexico ahead of incoming

President Claudia Sheinbaum's inauguration.

The executive did not say how many of each aircraft it was

looking to sell to Mexico.

If Mexico were to tie up a purchase of the lighter Super

Tucano aircraft, which Gomes Neto highlighted for its use as a

training aircraft or for border surveillance, it would join a

number of other Latin American countries firming up orders in

recent months.

Gomes Neto said that it was also eyeing business jet sales

in Mexico, the world's third-largest market for such aircraft.

"We expect to grow our fleet in Mexico by 11% in the next

two years," he said.

Embraer ( ERJ ) tied up a $750 million order in June for 20 E2

jetliners to Mexico's military-run commercial airline Mexicana.

Gomes Neto shrugged off concerns from analysts about the

stability of the deal, considering Mexicana's alleged failure to

pay back a U.S. contractor.

"We are working with Mexicana very closely, we really want

this operation to be a great success to show the market how good

the aircraft is," he said.

The executive also said that Foreign Minister Alicia Barcena

had met with the firm earlier this year in Brazil and that "she

was very positive about the future of Mexicana."

"Embraer ( ERJ ) is looking for a win-win situation in doing

business with Mexico," he added.

(Reporting by Kylie Madry in Mexico City)

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