Embraer/Boeing deal approved by Brazilian Government Boeing’s plans of acquiring a large portion of Embraer to compete with Airbus’ Bombardier CSeries (now A220) deal has been stalled for quite some time now, however the situation has improved, with the Brazilian government now approving the deal. The proposal that’s been sent to the government outlines Embraer’s sale of 80% of their commercial aircraft division for $4.2 billion. Additionally, Embraer and Boeing plan to use the partnership to “promote and develop new … Continue reading Embraer/Boeing deal approved by Brazilian Government