EMBRAER HAS received letters of intent from potential customers in Russia for two of its EMB-145 50-seat regional jets as part of a marketing campaign in Eastern Europe.
The Brazilian company warns, however, that Russian certification is "...subject to how many aircraft are ordered and financed".
According to Val Engel, Embraer's regional director, Eastern Europe, the company's market forecasts show demand for up to 100 aircraft, mainly in Russia, Poland and Ukraine. "Financing is moving ahead slowly," he says. "We're trying to arrange financing through the World Bank, using mineral resources as collateral."
Source: Flight International
