Boeing to take 80% in Embraer commercial in JV

Credit: Boeing-Embraer/Twitter
Following months of negotiations, Boeing and Embraer have signed an MOU to set up a joint venture (JV) comprising Embraer’s commercial aircraft and services business. The non-binding agreement, announced July 5, sees Boeing take an 80% stake Embraer’s commercial operations, while Embraer will...

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