Brazil's national development bank, BNDES, has approved a financing commitment of between R$3.3 billion and R$3.7 billion to support the export of up to 19 Embraer E195-E2 jets to Porter Aviation Holdings in Canada, securing a significant portion of the manufacturer’s backlog through the end of the decade. The financing, announced this week, covers aircraft deliveries scheduled through December 2030 and represents a concrete measure to de-risk a major international contract for the Brazilian aerospace company, which trades on the B3 as EMBR3.