Can anyone remember the way the Tocano deal went down?

Well, now the same hard-sell surrounds the Radar purchase....I heard two have been apporved:
{el presidente de la República se aprobó la compra de dos radares,}
Source: http://www.listindiario.com.do/app/article.aspx?id=91829

I wonder if a fledgling Radar company will be next to go bankrupt?

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Page last updated at 01:19 GMT, Friday, 20 February 2009


Brazil aircraft maker to cut jobs


The cuts will affect about 20% of the firm's global workforce
Brazilian aircraft manufacturer Embraer is to lay off more than 4,000 employees as a result of the global economic downturn, it has said.

One of the world's largest passenger aircraft makers, the firm said demand for new planes had dropped and there was no prospect of swift recovery.

The cuts will affect about 20% of the firm's global workforce. It has offices in Brazil, Asia, the US and Europe.

Embraer's main market is the US, which has been badly affected by the crisis.

Last November, Embraer reported a 70% fall in profits following a sharp decline in Brazil's currency against the dollar.

'Unprecedented crisis'

Most of the job losses were expected to affect workers in management, administrative and production roles, rather than engineering, the company said. It has become inevitable to revise our cost base and workforce to adapt them to the new reality in the demand for aircraft

"It has become inevitable to revise our cost base and workforce to adapt them to the new reality in the demand for aircraft"
Embraer statement

Embraer said the decision to cut jobs was forced by "the new reality of demand for commercial and executive aircraft".

Its statement said: "As a consequence of the unprecedented crisis hitting the world economy, especially the aviation sector, it has become inevitable to revise our cost base and workforce to adapt them to the new reality in the demand for aircraft."

It is not yet clear whether the cuts will affect workers outside Brazil.

Embraer, which employs 21,000 workers, vies with Canada's Bombardier for the title of the world's third-largest commercial aviation company, after Airbus and Boeing.


Source: http://news.bbc.co.uk/2/hi/business/7900753.stm

hard sell, Arsenio? do you mean "please hurry up and buy some of these airplanes from us, because we are in the process of going down the drain; we will make it worth your while?

Dread:

It's more like please buy these lemons, we made the last batch here's a pitcher, and we have no use for the fruits anylonger. Also, we heard you have money to burn. You have the Napolean complex as a nation, when the rest of world's armed forces are refusing to buy aircrafts, while holding on to their last dollar waiting for the next shoe to drop. Let's toast to this great purchase you're making!
By the way my car is double parked outside; Can I have the money now?

to which Prez replied "double parked? here is a quarter. go get a parking meter and let us celebrate our mutual good fortune. i have a 26 year old bottle of Brugal i have beeen saving for an auspicious event such as this. Manuel has your briefcase: who has mine?"