Ex-Im Approves $75.7 Million For Export Of U.S. Helicopters To Brazil | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date






Airborne On ANN

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

Airborne Hi-Def On YouTube

Airborne 11.30.15

Airborne 11.24.15

Airborne 11.25.15

Airborne 11.19.15

Airborne 11.20.15

EAA/ANN AirVenture Innovation Preview

AIP-#1 Vimeo

AIP-#2 Vimeo

AIP-Part 1 YouTube

AIP-Part 2 YouTube

Fri, Jun 29, 2012

Ex-Im Approves $75.7 Million For Export Of U.S. Helicopters To Brazil

Loan Guaranteed For Three Sikorsky S-92 Aircraft

The Export-Import Bank of the United States (Ex-Im Bank) has authorized a $75.7 million loan guarantee for Lider Taxi Aereo S.A.--Air Brasil that will support the export of three Sikorsky Aircraft Corporation S-92 helicopters (similar aircraft pictured)  to Brazil. Ex-Im Bank 's support enabled Sikorsky to win the order in competition with government-backed European competitors and will sustain approximately 500 jobs at the company's facilities in Connecticut and Pennsylvania.

Likewise, the loan guarantee has proved to be an invaluable resource for Lider Taxi, which had insufficient access to financing on acceptable terms to purchase the helicopters. "The financing support for these helicopters illustrates the unique ability of Ex-Im Bank to provide essential financing to ensure American exporters can compete in the international marketplace," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Our support leveled the playing field and kept 500 highly-skilled American workers on the job."

The S-92 is Sikorsky's heavy-mission helicopter designed for offshore transport, medical emergencies, and search-and-rescue missions. "The Export-Import Bank of the U.S. often plays a vital role in the sale of Sikorsky commercial helicopters to the offshore oil and gas industry worldwide," said Bob Kokorda, Sikorsky vice president for sales and marketing. "These three S-92 helicopters will enable Lider Taxi to fly Brazilian workers to offshore rigs in deeper water farther from shore. And they will help maintain a healthy U.S.-based supply chain for the aircraft while sustaining a highly skilled workforce at our helicopter manufacturing facilities in the United States."

Lider Taxi, established in 1958 and the largest air taxi company in Brazil, plans to use the helicopters to shuttle personnel and equipment to offshore oil platforms. The transaction is the sixth Ex-Im Bank has approved since 2004 with the Belo Horizonte-based company.

Brazil is one of Ex-Im Bank's nine key markets and accounted for $2.7 billion of the Bank's worldwide credit exposure at the end of FY 2011.

FMI: www.exim.gov, www.sikorsky.com


More News

Airborne 11.25.15: Blue Origin Reusable Rocket!, AMA Reacts, Transgender Pilots

Also: UK CAA, E-Fest 2015, Citizens In Space, Gulfstream G500, Dassault Falcon Jet, CFM LEAP-1A, Tuskegee's Milton Crenchaw ANN Airborne Link: /index.cfm?do=video.playVideo&vid>[...]

Klyde Morris (11.20.15)

Klyde Is SO Ready For An Upgrade... FMI: www.klydemorris.com>[...]

FlightSafety International Further Enhances Gulfstream G650 Training

Simulator Upgrades Include Autobrake Systems For Initial And Recurrent Training FlightSafety continues to enhance its Gulfstream G650 training program with upgrades to the simulato>[...]

Spirit Begins Production Of First Production RAAF P-8A

Aircraft Scheduled For Delivery In Early 2016 Spirit AeroSystems Inc. has begun production of the Royal Australian Air Force's (RAAF) first production P-8A aircraft. Spirit started>[...]

Aero-News: Quote Of The Day (11.30.15)

"ICARUS is going to revolutionize how we approach pilot training. It provides experience to student pilots that we cannot provide right now outside of a simulator. This product wil>[...]

blog comments powered by Disqus





© 2007 - 2015 Web Development & Design by Pauli Systems, LC