By Brazil Stock Guide – Brazil’s state development bank, BNDES, has approved a financing package of R$ 1.7 billion (approximately $312.3 million) to support the export of 13 Embraer E-175 aircraft to U.S.-based SkyWest Airlines. The deal, set to be executed through the BNDES Exim Pós-Embarque program, will see deliveries take place between the fourth quarter of 2025 and the end of 2026. SkyWest, the largest operator of the E-175 model worldwide, currently operates a fleet of 265 such aircraft, a number that is expected to grow to 279 by 2026.
Aloizio Mercadante, the president of BNDES, emphasized the bank’s key role in enhancing the competitiveness of Brazilian industries globally: “BNDES plays a fundamental role in promoting the competitiveness of Brazilian industry in the global market. Embraer’s success is a direct result of the Bank’s support, which has allowed the company to achieve a significant presence in several countries, particularly in the U.S. market,” Mercadante said.
The financing deal also benefits the broader aerospace supply chain in Brazil, contributing to SkyWest’s fleet expansion in the U.S. “BNDES has been an essential partner in strengthening our global position and, consequently, the extensive supply chain involved in producing our jets. The support for expanding our presence in the U.S. market is even more strategic. This operation also benefits American regional aviation, a key sector for national connectivity,” said Francisco Gomes Neto, CEO of Embraer.
Brazil’s BNDES continues its tradition of supporting the competitiveness of its domestic manufacturers, with a history of providing financing to Embraer since 1997. To date, the bank has backed the export of over 1,350 Embraer aircraft, totaling $26.7 billion, solidifying the Brazilian aerospace company’s global standing.
SkyWest, a subsidiary of SkyWest Inc. (NASDAQ: SKYW), operates in partnership with major U.S. carriers, including United Airlines, Delta Air Lines, and American Airlines, transporting over 42 million passengers in 2024. Its fleet of nearly 500 aircraft connects passengers to over 250 destinations across North America.
Embraer (NYSE: ERJ), founded in 1969, is a global aerospace leader manufacturing commercial, executive, and defense aircraft. The company has delivered over 9,000 planes, with a global presence that underscores its role as a key player in high-value exports for Brazil.aer.
Brazil’s BNDES continues its tradition of supporting the competitiveness of its domestic manufacturers, with a history of providing financing to Embraer since 1997. To date, the bank has backed the export of over 1,350 Embraer aircraft, totaling US$ 26.7 billion, solidifying the Brazilian aerospace company’s global standing.
SkyWest, a subsidiary of SkyWest Inc. (SKYW), operates in partnership with major U.S. carriers, including United Airlines, Delta Air Lines, and American Airlines, transporting over 42 million passengers in 2024. Its fleet of nearly 500 aircraft connects passengers to over 250 destinations across North America.
Embryoed as a global aerospace leader, Embraer (EMBR3.SA) manufactures commercial, executive, and defense aircraft and has delivered over 9,000 planes since its inception in 1969. With its global presence, Embraer remains a key player in high-value exports for Brazil.
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