The proposed partnership between Boeing and Embraer has become a subject of the hotly contested Brazilian presidential race—and the outcome of the election could have a significant impact on the aerospace companies’ plans.
The deal would see Boeing purchase 80 percent of Embraer, taking over its commercial jet unit while leaving its defense and executive jet business untouched. Embraer was created by the Brazilian government but was privatized in 1994. The government holds a special…
Source URL: Boeing-Embraer Partnership an Election Issue in Brazil
Source Website: Advance Engineering – Engineering.com
