The Brazilian aerospace conglomerate Embraer recently signed a deal with China’s state-owned AVIC International Leasing to finance the sale of $1.5 billion worth of aircraft over the next five years. In an e-mail interview, Daniel Vertesy, Ph.D. fellow in the Innovation Studies and Development program at UNU-MERIT, discussed Brazil’s aerospace sector. WPR: What is the current state of Brazil’s aerospace sector? Daniel Vertesy: The aerospace industry is once again growing in Brazil. Over the past three decades, Brazil has secured a place among the top 10 global producers, owing to the regional-scale aircraft-maker, Embraer. The financial crisis hit the sector […]
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