Space Industry and Business News  
AEROSPACE
S. Korea preferred bid for Indonesian jet contract

Chinese airlines to buy 35 Embraer planes
Beijing (AFP) April 12, 2011 - Brazilian aircraft manufacturer Embraer will sell 35 E190 planes to two Chinese airlines in a deal to be signed during President Dilma Rousseff's visit to China, Brazilian officials said Tuesday. Rousseff was due to meet her Chinese counterpart Hu Jintao on Tuesday, and the deal -- which, based on the plane list price of $40 million, would be worth $1.4 billion -- was expected to be made public at that time, they said. Under the agreement, state-owned giant China Southern and Hebei Airlines, a regional carrier based in the north of the country, will purchase 20 and 15 E190 planes, respectively. The aircraft can seat 98 to 114 people. Embraer is also due to sign an agreement with state-owned Aviation Industry Corporation of China (AVIC) to manufacture the firm's Legacy 600 business jet in the Asian nation, the officials said.

China Southern, the country's biggest carrier by fleet size, has been operating ERJ 145 Embraer jets on regional routes since 2004. With more than 17,000 employees, Embraer is the third largest airplane manufacturer behind global giants Boeing and Airbus. Around 80 of its planes are currently in operation in China's lucrative aviation market. Rousseff, on her first major foreign trip since taking office in January, on Tuesday suggested a new model for trade ties between the two countries based on technological cooperation and the exchange of high value-added products. China has in recent years become Brazil's largest trading partner, overtaking the United States, and in 2010 was the largest investor in the South American nation. Brazil, which mainly exports soybeans, iron ore and oil to China, is seeking to diversify the range of products it sells to Beijing.
by Staff Writers
Seoul (AFP) April 12, 2011
Indonesia has chosen South Korea as preferred bidder for its jet trainer project, officials said Tuesday, despite a reported attempt by Seoul's spies to steal secrets from a visiting Jakarta delegation.

The country's sole aircraft maker Korea Aerospace Industries (KAI) announced it had won the status from Indonesia's defence ministry, although the two sides have yet to complete negotiations on price and other details.

A final deal, if sealed, would pave the way for the first export of South Korea's T-50 Golden Eagle supersonic trainer jet, defence ministry officials said.

"Today is meaningful as we became the sixth country to export a supersonic jet after the US, Russia, Britain, France and Sweden," KAI president Kim Hong-Kyung told reporters, anticipating a final deal.

He said the T-50 beat competitors from Italy, Russia and other advanced aircraft makers.

South Korea unveiled the T-50 in 2005 with technology provided by US aircraft maker Lockheed Martin. It hopes to export 16 T-50 jets worth about a total of $400 million to Indonesia, Yonhap news agency said.

Indonesia plans to replace its ageing Hawk Mk-53 trainer jets that are scheduled to be decommissioned this year.

South Korean officials say the T-50 can carry out light attack as well as training roles. The South's air force plans to start deploying a more heavily armed version.

South Korea's spy agency came in for criticism in February following reports that its agents tried to steal commercial secrets from the hotel room of a visiting Indonesian trade delegation.

Newspapers said three agents from the National Intelligence Service entered the room on February 16 in an attempt to steal information on possible Indonesian arms purchases.

The intruders reportedly fled after a delegate abruptly entered the room and saw them copying files from a laptop computer.

South Korea and Indonesia have maintained close defence cooperation.

In 2008 Seoul signed a $90 million deal with Jakarta to buy four transport planes for the coastguard. Last July Indonesia agreed to join a South Korean project to develop fighter jets.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Aerospace News at SpaceMart.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


AEROSPACE
Google's $700 million ITA buy cleared with conditions
Washington (AFP) April 8, 2011
Google's entry into the online travel sector was cleared for takeoff Friday as the US Justice Department gave the green light to its $700 million purchase of flight data company ITA Software. The Justice Department's anti-trust division, however, extracted a number of concessions from Google and imposed conditions on the Internet search giant to allow the controversial acquisition to go ahea ... read more







AEROSPACE
Researchers Find Replacement For Rare Material Indium Tin Oxide

Kindle e-reader cheaper with on-screen ads

Winklevoss twins lose Facebook appeal

Apple's iPad to remain top tablet in 2015: Gartner

AEROSPACE
Preparations Underway As US Army Gears Up For Large-Scale Network Evaluations

Global Military Communications Market In 2010

Raytheon BBN Technologies To Protect Internet Comms For Military Abroad

Gilat Announces New Military Modem For Robust Tactical Satcom-On-The-Move

AEROSPACE
Arianespace Flight VA201: Interruption Of The Countdown

Russia Looks To Grab Half Of World Space Launch Market

Mitsubishi Electric's ST-2 Satellite Arrives In French Guiana

Jugnu Set To Go Into Space In June

AEROSPACE
GPS to protect Bulgarian locomotives from fuel thefts

Make Your Satnav Idea A Reality

GPS Study Shows Wolves More Reliant On A Cattle Diet

Galileo Labs: Better Positioning With Concept

AEROSPACE
S. Korea preferred bid for Indonesian jet contract

Chinese airlines sign deal to buy 35 Embraer jets

Google's $700 million ITA buy cleared with conditions

Google, Justice Department near deal on ITA: WSJ

AEROSPACE
Technique For Letting Brain Talk To Computers Now Tunes In Speech

Japan's stalled chip sector 'to cost $470bn'

Control The Cursor With Power Of Thought

Self-Cooling Observed In Graphene Electronics

AEROSPACE
Arctic Ice Gets A Check Up

3-D map of Philippines to help combat disasters

For NASA's Aquarius, Quest For Salt A Global Endeavor

First Consistent Geological Interpretation Of East Africa Rift System

AEROSPACE
High Levels Of Toxic Compounds Found On Coasts Of West Africa

EU declares war on plastic litter in Mediterranean

Study reveals cost of nitrogen pollution

Danube Will Solve Hungary's Environmental Disaster


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement