Brazilian aircraft maker Embraer S.A. and Italian Helicopter maker AgustaWestland, announced that they have signed a memorandum of unde...
Brazilian aircraft maker Embraer S.A. and Italian Helicopter maker AgustaWestland, announced that they have signed a memorandum of understanding aiming at establishing a joint-venture which could lead to the production of AgustaWestland helicopters in Brazil to be marketed for both commercial and military use in Brazil and Latin America.
Preliminary studies by Embraer and AgustaWestland show strong market potential for twin engine, medium lift helicopters, especially to meet the requirements of the offshore oil and gas market. Other key market sectors, such as executive transport and military, show promising potential as well. The partners aim at establishing the joint-venture within a few months once a final agreement has been reached and the relevant approvals have been obtained.
