Boeing/Embraer ties

Boeing/Embraer ties

AIRCRAFT manufacturer Boeing and Brazilian counterpart Embraer have confirmed they are in talks over a potential tie-up.

In a statement issued overnight, the companies said they were in discussions “regarding a potential combination” but stressed a transaction was not guaranteed.

Any venture between the two would be subject to approval of both companies’ boards as well as the Brazilian Government.

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Source: traveldaily