Investing.com - Brazilian planemaker Embraer is negotiating with Colombia and Chile for potential orders of its C-390 military transport aircraft as the company increases production to meet rising international demand, CEO Francisco Gomes Neto said.

Brazil currently stands as the only Latin American country operating the aircraft.

Gomes Neto said on Friday that sales campaigns in Latin America typically require more time to complete than in other regions because of budget approvals and procurement processes. He added that Embraer views the C-390 as suitable for both countries.

The CEO indicated that a deal with Colombia may materialize sooner than with Chile. Colombian President Gustavo Petro, who aims to modernize the country's military fleet, has criticized bureaucratic obstacles for delaying his plans following the March crash of a C-130 that resulted in 70 deaths.

Embraer presented the C-390 to Chilean President Jose Antonio Kast at the country's FIDAE air show last month.

Last week, Embraer announced an order for up to 20 C-390s from the United Arab Emirates, marking its first sale of the aircraft in the Middle East. Gomes Neto said the order arrived slightly earlier than anticipated amid the U.S.-Israel war with Iran.

The CEO said global interest in the aircraft remains strong, with a dozen countries having selected it. Production is increasing as supply chains recover from post-pandemic constraints. Embraer expects to reach 10 planes by 2030, with output this year totaling six jets.