According to Embraer, in a press release, "the selection of Agricultural Distributor of Guatemala, S.A. (Disagro), and its experience in the region's market, will contribute to providing Central American clients with Embraer's category of international airplanes.
The Guatemalan Congress has approved borrowing from banks in Brazil and Argentina for the purchase of six Super Tucano aircraft and a tactical air control center.
Elperiodico.com.gt reports that the preamble refers to the need to monitor areas like Alta Verapaz, Baja Verapaz and Petén, to weaken the activities of organized criminals and drug traffickers in these regions under project entitled ‘Construction of a System for Monitoring and Protection of the Mayan Biosphere.
The government is negotiating technical and financial arrangements with Brazil's Embraer for the recovery of the current fleet and eventual acquisition of new aircraft.
After the United States rejected the request to service the fleet of fighter jets, the Honduran government has announced that "...This week, President Juan Orlando Hernandez is scheduled to meet with representatives from the company Embraer to manage the upgrading of the fleet of the Honduran Air Force (HAF). "
The airline's newest destinations, for which flights will begin in the next two months, will be done using 11 new Embraer E190 jets.
Starting October 15, TACA will begin to fly from San Jose, Costa Rica to Havana, Cuba and to Panama with the first Embraer E190 jet that will join its fleet, according to a press release from the airline.
The Panamanian airline raised investment plans for 2011-2012 between $200 and $ 300 million.
Pedro Heibron, Chief Executive Officer made the announcement, raising the projected capital expenditure from initial $ 150 million.
American Economy reports on their web site, "The company could announce new orders for Boeing jets, said Heilbron, and fund these investments with loans from the Export-Import Bank of United States, other commercial banks or from to their own resources."
The company Embraer could install a plane factory in Panama.
This was reported by Industry and Commerce Ministry Roberto Herníquez, when he was speaking about a recent trade mission by 140 Brazilian businessmen.
Prensa.com published related comments from Panama's vice president Juan Carlos Varela: "There are many Brazilian companies interested in establishing in our country, and also Brazilian banks are interested in financing infrastructure projects".
The suspension has been ordered of a $133 million disbursement for the purchase of six Super Tucano airplanes which were to be used to control of the country's airspace.
From a press release published in Diario de Centro América:
"We have doubts about whether the six Super Tucanos are overvalued. There were negotiated by the last government," indicated President Otto Perez Molina, referring to the suspension of the disbursement for $133 million for the acquisition of these light attack aircraft, to be used for airspace control.
Embraer announced the sale to the Central American country of 6 Super Tucano fighter planes, plus 3 primary radars and a command control system, at an estimated cost of more than $170 million.
Although the Brazilian company did not disclose the amount paid by Guatemala, estimates made at the beginning of purchase negotiations last summer point to a minimum of $170 million as the amount of the contract, which includes logistical operational support and training for pilots and mechanics.
Representatives from chambers of commerce and from the Monetary Board have rejected contracts for 2 loans for $166 million for the purchase of aircraft.
Applications for loans of $133 million to the National Bank of Economic and Social Development of Brazil (BNDES) for the purchase of 6 Embraer aircraft and $33 million for the purchase of radars with Banco Bilbao Vizcaya Argentaria (BBVA) of Spain are intended to finance a project submitted by the Ministry of Defense.
Port San Antonio is a master-planned, 1,900 acre aerospace, industrial complex and international logistics platform, centrally located in San Antonio, Texas.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (1) 866-535-5987
The hotel is immersed in 45 hectares of primary and secondary forest , at the foot of the majestic Arenal Volcano , which makes it a true oasis of peace, enriched by an exuberant vegetation and diverse fauna. Montaña de Fuego has become one of the most beautiful hotels in the area, with one of the most privileged panoramic views of the Arenal Volcano.
Operates in Costa Rica, Honduras and Panama
Phone: (506) 2479 1220 - (506) 2479 1220