Jul 5, 2018PARTNERSHIPBrazil Boeing and Embraer to form joint venture for commercial aircraft
Boeing and Embraer signed a non-binding MoU to form a joint venture comprising Embraer's commercial aircraft and services business. Boeing will hold 80% and Embraer 20% of the JV, valued at $4.75 billion for 100% of Embraer's commercial operations.
Productscommercial aircraftaircraft services
“By forging this strategic partnership, we will be ideally positioned to generate significant value for both companies' customers, employees and shareholders – and for Brazil and the United States.”boeing.mediaroom.com
- 5 sources
- boeing.mediaroom.comBoeing and Embraer to Establish Strategic Aerospace Partnership to Accelerate Global Aerospace Growth - Jul 5, 2018Jul 5, 2018
- sec.govEMBRAER S.A. Form 6-K filed July 5, 2018Jul 5, 2018
- financialpost.comBombardier at a disadvantage as Boeing and Embraer forge US$4.75-billion joint venture - Financial PostAlicja SiekierskaJul 5, 2018
- aviationnews.euBoeing and Embraer to Establish Strategic Aerospace Partnership – Aviation NewsPosted By: Marcel van LeeuwenJul 6, 2018
- defenceturkey.com
Summarized from public sources; check the original articles before acting on it.
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