Subscribe Free
in Business & Finance

Boeing and Embraer in merger talks

Posted 21 December 2017 · Add Comment

Boeing and Embraer have confirmed they are undergoing talks towards a possible merger. The confirmation follows a report that the two companies were in discussion by the Wall Street Journal

"There is no guarantee a transaction will result from these discussions. Boeing and Embraer do not intend to make any additional comments regarding these discussions," said a joint statement. Any potential deal will be subject to the approval of the Brazilian government, regulators, both companies' boards and Embraer's shareholders.

According to Flightglobal, any partnership between Embraer and Boeing will allow them to combine forces against the CSeries, which has become the centre of separate trade disputes between Canada and the USA and Brazil respectively. The maker of the CSeries, Canada’s Bombardier had handed over a majority stake in the programme to European manufacturer Airbus.
 

* required field

Post a comment

Other Stories
Advertisement
Latest News

Airport Show to launch webinar series from July 7

The annual airport industry B2B platform The Airport Show is launching a series of webinars starting on 7 July to facilitate essential discussion within airport industry professionals to debate the challenging times triggered by the

Emirates SkyCargo expands cargo connectivity

Emirates SkyCargo will be operating scheduled cargo flights to 100 destinations across six continents during the month of July 2020.

IATA: Get the aviation industry moving again

Airports Council International (ACI) World and the International Air Transport Association (IATA) have today urged that costs related to public health measures aimed at mitigating the spread of communicable diseases should be borne

Strata delivers shipsets of A350-900 inboard flaps for Airbus

Al Ain based company Strata Manufacturing (Strata) has successfully delivered 100 shipsets of the assembled A350-900 Inboard Flaps (IBF).

Wizz Air lands in Abu Dhabi

Wizz Air and Abu Dhabi Airports have celebrated the arrival of Wizz Airís first scheduled Wizz Air Hungary flight to Abu Dhabi International Airport.

Dnataís DUBZ launches home COVID-19 testing

DUBZ, Dnata's baggage technology and logistics company, is now providing COVID-19 testing, enabling customers to safely complete the flight check-in process and obtain a medical certificate within 24 to 48 hours of testing - at home or

GAS_SK2805200920
See us at
MAPS2020 BT1102171120SaudiAirshow21BT2011180221