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Brazilian airline places $2.8bn order

Brazilian airline Gol has placed a $2.8 billion (£1.4 billion) order with aircraft manufacturer Boeing, it has been announced.

The low-cost airline has commissioned Boeing to supply it with 40 of its 737 planes, as part of a move to standardize its fleet.

John Wojick, Boeing’s vice president of sales for Latin America and the Caribbean, elaborated on the deal.

He said: "Gol has garnered international attention by consistently posting profits since beginning operations, and the 737 has been a large part of that success.

"The Next-Generation 737 enables Gol to continue providing passengers reliable, on-time performance while benefiting from the airplane’s reliability and fast airport turnaround times."

Gol’s purchase will bring its total orders for the single-aisle plane up to 161, which are due to be delivered by 2014.

Boeing’s 737 is the world’s best-selling airline and Boeing itself is the world’s second-biggest manufacturer of commercial aircraft.

Improving aviation services in Brazil is good news for property investors, making access to and from the nation easier.

For more information on Brazil property investment and to find out about uv10’s latest projects, contact uv10 on 0845 643 1036 or email info@uv10.com or visit our website: http://www.uv10.com

Tags: Brazil, Economic News, Real Estate

December 28, 2007

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