Embraer Signs MoU with PT Dirgantara Indonesia

SAO PAULO (Reuters) – Brazilian planemaker Embraer announced on Sunday that it had signed a memorandum of understanding (MoU) with Indonesia's PT Dirgantara Indonesia (PTDI) to expand their collaboration in commercial aviation.

WHY IT'S IMPORTANT

Embraer is the world's third-largest planemaker, following Airbus and Boeing.

The Indonesian Air Force operates a fleet of Embraer's A-29 Super Tucanos, alongside a selection of Embraer executive jets in use.

DETAILS

The agreement was formalized during the G20 Summit in Rio de Janeiro, with participation from Indonesian authorities.

The partnership entails joint studies to explore opportunities in areas such as engineering and supply of aero-structures, as outlined by Embraer.

KEY QUOTES

"PTDI has great ambitions for the country," stated PTDI President Gita Amperiawan.

Embraer executive Rodrigo Silva e Souza noted that Indonesia is one of the fastest-growing aviation markets globally, and emphasized that Embraer has identified areas where both parties can utilize their expertise to enhance Indonesia's aerospace capabilities and expand its air connectivity.