PRO EXCLUSIVEInvesting
BNDES Approves Up to R$3.7 Billion Export Financing for Embraer E195-E2 Jets to North America's Porter Airlines
BNDES Approves Up to R$3.7 Billion Export Financing for Embraer E195-E2 Jets to North America's Porter Airlines

Brazil's National Bank for Economic and Social Development (BNDES) has approved up to R$3.7 billion (approximately $700 million USD) in financing to support the export of 19 Embraer E195-E2 commercial jets to Canada's Porter Aviation Holdings. The commitment, which covers deliveries scheduled through December 2030, signals robust state support for the aerospace manufacturer and materially de-risks a significant contract within Embraer's (EMBR3) civil aviation division.
Get Brazil's market moves in your inbox
Free daily briefing — no spam, cancel anytime.