AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
On 29 March 2018, the BNDES approved export financing of up to BRL 85 million (circa USD 25.6 million) to assist the local jet manufacturer, Embraer, in the exportation of up to 15 aircraft of the E190-E2 model. The receiving company is the Norwegian regional airline Widerøe.
This export financing seeks to complement previous investments made by the BNDES in relation to the development of the new Embraer family of jets (see related state acts).
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