Tuesday, June 10, 2003

EMBRAER -BRAZILIAN JET-PLANE MANUFACTURING COMPANY SELLS 100 UNITS TO JET-BLUE AIRWAYS CORP. - IN USA.
Jet-Blue Airways Corp., from USA, has just announced purchase of 100 planes to the brazilian EMBRAER. This means USD 3 billion to Brazil. Right after the official announcement of the purchase, EMBRAER assets in the stock market went high by 8,41 per cent! Jet-Blue also declared option to eventually purchase more 100 units in the future.

EMBRAER has been lately fighting against BOMBARDIER - competitor from Canada. It clearly seems that EMBRAER has won another 'round'!

The big question still remains: why has Jet-Blue bought from EMBRAER and NOT from BOMBARDIER - the neighbour-friend company in Canada? Simple: EMBRAER produces the BEST and most AFFORDABLE jet-planes (in the category) in the whole world.

Bingo! Merci!

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