Business Jet Builders Are in Brazil for the Long Haul
Manufacturers continue to see promise in the nation.

The day before this year’s LABACE show opened, Marco Túlio Pellegrini, president and CEO of Embraer Executive Jets, told AIN that Embraer’s aircraft offer Brazil a powerful facilitator of economic development. Speaking at Embraer’s new São Paulo offices, he said the country is feeling that it has reached the bottom of the current recession and that its currency feels more stable, having recovered somewhat against the U.S. dollar.