The FINANCIAL — The Export-Import Bank of the United States has authorized a $75.7 million loan guarantee for Líder Taxi Aéreo S.A.—Air Brasil that will support the export of three Sikorsky Aircraft Corporation S-92 helicopters to Brazil.
As The Export-Import Bank of the United States reported, Ex-Im Bank 's support enabled Sikorsky to win the order in competition with government-backed European competitors and will sustain approximately 500 jobs at the company’s facilities in Connecticut and Pennsylvania. Likewise, the loan guarantee has proved to be an invaluable resource for Líder Taxi, which had insufficient access to financing on acceptable terms to purchase the helicopters.
"The financing support for these helicopters illustrates the unique ability of Ex-Im Bank to provide essential financing to ensure American exporters can compete in the international marketplace," said Ex-Im Bank Chairman and President Fred P. Hochberg. "Our support leveled the playing field and kept 500 highly-skilled American workers on the job."
Headquartered in Stratford, Conn., Sikorsky Aircraft Corporation is a manufacturer of commercial and military helicopters. Its S-92 model is a heavy-mission helicopter designed for offshore transport, medical emergencies, and search-and-rescue missions.
"The Export-Import Bank of the U.S. often plays a vital role in the sale of Sikorsky commercial helicopters to the offshore oil and gas industry worldwide," said Bob Kokorda, Sikorsky vice president for sales and marketing.
"These three S-92 helicopters will enable Líder Taxi to fly Brazilian workers to offshore rigs in deeper water farther from shore. And they will help maintain a healthy U.S.-based supply chain for the aircraft while sustaining a highly skilled workforce at our helicopter manufacturing facilities in the United States."
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