Reading Time: < 1 minute Boeing has announced that it aborts establishment of strategic partnership with Embraer and terminates its Master Transaction Agreement (MTA) with the Brazilian planemaker. In the joint venture related to Embraer’s commercial aircraft business under the “Boeing Brasil – Commercial” name, Boeing was expected to own 80 percent of the new company, while Embraer should have […]

Reading Time: < 1 minute After resolving uncertainty and fighting off all the challenges posed by lawmakers and labour unions, Embraer and Boeing strategic partnership has been given the green light from the Government of Brazil. The terms for the new company were agreed by both Boeing and Embaer last month and remain almost unchanged after the Government’s approval. The […]

Reading Time: < 1 minute Japan Airlines (JAL) and Public Joint Stock Company “Aeroflot – Russian Airlines” (PJSC “Aeroflot”) have signed a Memorandum of Understanding (MoU) for a strategic cooperation agreement to pursue commercial opportunities which will greatly benefit the customers of both airlines by providing more options for travel between Russia and Japan. Since the relaxation of visa requirements […]