Brazil's BNDES Boosts Embraer Exports with $158 Million Deal for Horizon Air

BNDES

Embraer Secures Strong Support Amid Growing Global Demand for E-175 Jets

Brazil’s development bank BNDES has greenlit R$900 million ($158 million) in financing to support Horizon Air’s acquisition of six Embraer E-175 aircraft, reinforcing Brazil's position in the global aerospace supply chain. The aircraft are set for delivery between 2025 and 2026.

This new approval marks a continuation of BNDES’s backing for Embraer exports, following its 2023 financing of 11 aircraft also destined for Horizon Air. The move demonstrates increasing alignment between public financing tools and Brazil’s industrial export agenda, especially within high-tech manufacturing sectors like aviation.

Significant Growth in Aircraft Export Financing Since 2023

Since the start of 2023, BNDES has approved financing for 141 Embraer aircraft exports — a 67% surge compared to the previous administration. This rise indicates renewed momentum in supporting Brazil’s strategic industries through international financing mechanisms.

Such initiatives not only stimulate the Brazilian economy but also strengthen Embraer’s competitive edge globally, especially in the regional jet segment, where the E-175 is a key player. Horizon Air, a regional affiliate of Alaska Airlines, continues to favor Embraer’s models due to their fuel efficiency and route flexibility.

Embraer Reports Strong Sales Performance with Major US Deals

Embraer, Brazil’s largest aircraft manufacturer and a global aerospace leader, reported the sale of 206 aircraft in 2024 — a 14% increase from 2023. This includes a major order of over 180 jets to U.S.-based Flexjet, signaling strong demand for Embraer's jets in North America.

With consistent financial support from institutions like BNDES, Embraer is well-positioned to expand its market share, especially in the mid-range commercial aircraft segment. This trend reinforces Brazil’s strategic capability in high-value manufacturing and global exports.