Lankan Ranger
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China signs US$1.4 Billion Brazil plane deal
Chinese airlines have placed orders worth US$1.4 billion (£861m) with Brazilian aircraft manufacturer Embraer.
The deal includes firm orders for 20 planes and an option to buy 15 additional aircraft.
The pact comes as Brazil's President Dilma Rouseff begins her visit to China looking to strengthen trade ties with Beijing.
China is Brazil's biggest trading partner and foreign investor.
China's economic success has seen a surge in demand for air travel within the country.
Embraer has been looking to tap into the fast growing market. The company has been lobbying for permission to start producing its E-jet series of planes in China.
While it may be a long way from starting production in China, orders for the aircraft have started to flow in.
China Southern Airlines and Heibei Airlines each placed orders for 10 Embraer E-190 planes.
These are narrow-body planes which can seat up to 100 passengers.
BBC News - China signs $1.4bn Brazil plane deal to kick off summit
Chinese airlines have placed orders worth US$1.4 billion (£861m) with Brazilian aircraft manufacturer Embraer.
The deal includes firm orders for 20 planes and an option to buy 15 additional aircraft.
The pact comes as Brazil's President Dilma Rouseff begins her visit to China looking to strengthen trade ties with Beijing.
China is Brazil's biggest trading partner and foreign investor.
China's economic success has seen a surge in demand for air travel within the country.
Embraer has been looking to tap into the fast growing market. The company has been lobbying for permission to start producing its E-jet series of planes in China.
While it may be a long way from starting production in China, orders for the aircraft have started to flow in.
China Southern Airlines and Heibei Airlines each placed orders for 10 Embraer E-190 planes.
These are narrow-body planes which can seat up to 100 passengers.
BBC News - China signs $1.4bn Brazil plane deal to kick off summit
