Ex-Im Approves $75.7 Million for Export of Helicopters to Brazil
The Export-Import Bank authorized a $75.7 million loan guarantee for Líder Taxi Aéreo S.A.—Air Brasil that will support the export of three Sikorsky Aircraft Corporation S-92® helicopters to Brazil. Ex-Im Bank 's support enabled Sikorsky to win the order in…
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competition with government-backed European competitors and will sustain approximately 500 jobs at the company’s facilities in Connecticut and Pennsylvania, the bank said. Brazil is one of Ex-Im Bank’s nine key markets and accounted for $2.7 billion of the bank’s worldwide credit “exposure” at the end of fiscal 2011, it said.