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)