Tag: Boeing Brasil – Commercial

Brazil Gives Boeing – Embraer Joint Venture the Green Light

Reading Time: < 1 minute The Boeing – Embraer Joint Venture was granted one of the last approvals. The strategic partnership was approved by the Administrative Council for Economic Defense (CADE)’s General-Superintendence (SG) in Brazil. Unconditional clearance has now been granted in Brazil, United States, China, Japan, South Africa, Montenegro, Colombia, and Kenya. Now the only European Commission, which has […]

Boeing Tie-up with Embraer Pushed Back Until Early 2020

Reading Time: < 1 minute The expected close of the Boeing and Embraer deal was pushed back to early 2020 due to a hold-up in the assessment process from the European Commission. The establishment of the Joint Venture under the “Boeing Brasil – Commercial” name was expected to come into effect by the end of 2019. However, the European regulator […]

Boeing Brasil – Commercial: New Name for Embraer

Reading Time: < 1 minute Boeing and Embraer partnership has been given a new name: Boeing Brasil – Commercial. After the takeover comes into force, Embraer name will fade out. In the new joint venture company, the Boeing Company will have an 80 per cent stake worth $4.2 billion. Meanwhile, Embraer will operate remaining 20 per cent, although the name […]