{"id":53235,"date":"2025-01-28T12:48:58","date_gmt":"2025-01-28T12:48:58","guid":{"rendered":"https:\/\/peraltafinancing.com\/aerospace\/embraer-secures-funds-to-export-16-e175s-to-republic-airways\/"},"modified":"2025-01-28T12:48:58","modified_gmt":"2025-01-28T12:48:58","slug":"embraer-secures-funds-to-export-16-e175s-to-republic-airways","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=53235","title":{"rendered":"Embraer secures funds to export 16 E175s to Republic Airways"},"content":{"rendered":"


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The National Bank for Economic and Social Development (BNDES) in Brazil has approved finance for Embraer to export 16 E175 aircraft to the US regional carrier Republic Airways.\u00a0\u00a0<\/p>\n

On January 27, 2024, BNDES<\/a> confirmed the finance is valued at R$2.1 billion ($413 million) with deliveries expected to take place throughout 2025.\u00a0\u00a0<\/p>\n

Republic Airways operates more than 200 Embraer<\/a> E170s and E175 aircraft under major US-airline partner brands of American Eagle, Delta Connection and United Express.\u00a0<\/p>\n

The financing is provided by BNDES Exim Post-Shipment and will cover a portion of the airline\u2019s total investment.\u00a0<\/p>\n

\u201cBNDES\u2019 historic support for Embraer has helped transform the company into one of the global leaders in the aerospace industry. Embraer is Brazil\u2019s leading exporter of high value-added goods and maintains more than 87% of its approximately 21,000 jobs in Brazil,\u201d said BNDES President, Aloizio Mercadante.\u00a0<\/p>\n

Since 1997, BNDES has funded the export of more than 1,300 aircraft from Embraer to the tune of $26 billion.\u00a0\u00a0<\/p>\n