Business Services Industry
Brazil: DaimlerChrysler sets up turbines shop in the country.
South American Business Information, November, 2000
The penetration of Airbus in the fleets of Latin American air transportation companies, a market led by Boeing, is attracting new investments to Brazil. DaimlerChrysler installed the turbines shop MTU in Campinas (Sao Paulo) by early October and is already evaluating whereto construct a maintenance division in the country. This is the sole industrial park held by the company in the Latin American market. MTU executed a maintenance contract for TAM" fleet for 15 years. The deal is estimated at US$570mil for the maintenance of 38 Airbus ordered by the company and its 50 Fokker. MTU expects a turnover of US$100mil including the render of services to other air transportation companies.
Copyright (c) 2000, SABI, all rights reserved.
Source: Valor...
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