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Brazil's Embraer signs MoU to expand collaboration with Indonesia's PTDI
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Brazil's Embraer signs MoU to expand collaboration with Indonesia's PTDI
Nov 19, 2024 8:53 PM

SAO PAULO, Nov 18 (Reuters) - Brazilian planemaker

Embraer ( ERJ ) said late on Sunday that it had signed a memorandum of

understanding (MoU) with Indonesia's PT Dirgantara Indonesia

(PTDI) to expand their collaboration in commercial aviation.

WHY IT'S IMPORTANT

Embraer ( ERJ ) is the world's third-largest planemaker behind

Airbus and Boeing ( BA ).

The Indonesian Air Force operates a fleet of Embraer's ( ERJ ) A-29

Super Tucanos, and the Asian country has a fleet of Embraer ( ERJ )

executive jets in operation.

DETAILS

The agreement was formalized on the sidelines of the G20

Summit in Rio de Janeiro, attended by Indonesian authorities.

The partnership includes joint studies to evaluate

opportunities in areas such as engineering and the supply of

aero-structures, according to Embraer ( ERJ ).

KEY QUOTES

"PTDI has great ambitions for the country," said PTDI

President Gita Amperiawan in a statement.

Embraer ( ERJ ) executive Rodrigo Silva e Souza said Indonesia was

one of the fastest growing aviation markets globally, adding

that Embraer ( ERJ ) had identified "areas where both parties can

leverage their expertise, enhance Indonesia's aerospace

capabilities and expand its air connectivity."

(Reporting by Patricia Vilas Boas)

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