The Government of Guatemala had to pay $600K for canceling a loan granted by the BNDES in Brazil to buy aircraft from Embraer, another Brazilian company.
S21.com reports that "The government paid $595,461.22 on 19 February because it did not confirm the adquistion of a $133 million loan from the National Bank for Economic and Social Development (BNDES) for the purchase of six A-29 Super Tucano aircraft."
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 order worth some $375 million includes eleven E-190 planes, pilot and technical training, as well as the adaptation for the maintenance of the aircrafts.
The huge Brazilian plane maker, Empresa Brasileira de Aeronautica S.A. (Embraer), delivered the pane to TACA on Friday. It is the first of 11 E-190 jets ordered last year by the Central American airline.
Recognized Brazilian company of backhoe loaders, telescopic, articulated and other types of cranes looking for companies interested in representing the brand and distributing their machinery in Central America and Mexico. The company manufactures and sells telescopic,...
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