Published by Global Banking & Finance Review®
Posted on October 17, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleBNDES approves $312M for Embraer exports to SkyWest, with deliveries by 2026. SkyWest orders 60 jets, reinforcing Embraer's export strategy.
RIO DE JANEIRO (Reuters) -Brazil's state development bank has approved 1.7 billion reais ($312.3 million) in financing for the export of 13 Embraer aircraft to U.S. SkyWest Airlines, it said in a statement on Friday.
The financing will be paid in U.S. dollars by SkyWest, BNDES said, adding that the aircraft are expected to be delivered between the end of 2025 and late 2026.
SkyWest, which has become Embraer's largest customer in recent years, placed a firm order in June for 60 E175 jets valued at $3.6 billion at list price, with options for 50 more.
BNDES has since 1997 financed over $26.7 billion in over 1,350 Embraer exports, in its role as a credit agent to promote the country's strategic export industries, shore up foreign reserves and help local firms compete globally.
($1 = 5.4440 reais)
(Reporting by Rodrigo Viga Gaier; Writing by Isabel Teles; Editing by Sarah Morland and Tomasz Janowski)
Financing refers to the process of providing funds for business activities, making purchases, or investing. It can involve loans, credit, or investments to support various financial needs.
Export is the act of sending goods or services to another country for sale. It plays a crucial role in international trade and can significantly impact a country's economy.
Aviation refers to the design, development, production, operation, and use of aircraft. It encompasses commercial, military, and private flying, contributing to global transportation and trade.
Investment is the allocation of resources, usually money, in order to generate income or profit. It can take various forms, including stocks, bonds, real estate, and business ventures.
A development bank is a financial institution that provides funds and expertise for projects aimed at economic development. They often focus on sectors like infrastructure, agriculture, and industry.
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