Sat, Apr 27, 2013
Agreement Made In January Jointly Abandoned In April
Brazilian planemaker Embraer and Italian helicopter manufacturer AgustaWestland have scuttled talks for the production of helicopters in the South American nation.
The two sides issued a joint statement saying that they had mutually determined to terminate negotiations on the project which was first agreed to in January. No immediate explanation of why the project fell through was given by either party.
According to a report from United Press International, the two sides were exploring a project that could exploit the growing helicopter market in Latin America. More rotorcraft are being used for business travel, industrial research, and other missions. A military helicopter was also part of the plan, according to the report. Increases in offshore oil production also figured into the business model.
Analysts said that Brazil will likely continue to explore ways to domestically manufacture a helicopter as part of an overall aviation and aerospace expansion policy.
AgustaWestland has been the subject of scandal and a change in leadership since the agreement was first announced. It still has hopes of expanding its market share in Latin America, where Eurocopter has delivered more than 500 helicopters since 1978.
What is iFlightPlanner? iFlightPlanner is general aviation’s most comprehensive suite of easy-to-use flight planning tools for private and corporate pilots. Featuring iFlight>[...]
Meet Jim Campbell--Wednesday/Thursday/Friday, At Sportys Pilot Shop--Display Area #260A, At 1300 Each Day And Get Your Signed Copy of Beyond The Blue!!! To Aviation Journalist and >[...]
Also: Hartzell Accessorizes, Lycoming's 85th, New Continental Diesel, Pelton Intvw-Part 2, DeltaHawk Diesel Update Mooney CEO Dr. Jerry Chen handed the keys for the first new Accla>[...]
IMC Clubs: Building Instrument Proficiency Through Community When it comes to flying, there is no substitute for proficiency and training. And maybe nowhere is that more important >[...]
Concorde Charges Up Our Oshkosh 2014 Coverage! Concorde Battery Corporation has been in the battery manufacturing business for over 30 years and is the world leader in Valve Regula>[...]