Companies

Boeing, Embraer in JV move over consolidation

by MIKE OCHONMA

July 12, 2018 | 4:44 pm
  |     |     |   Start Conversation

United States aerospace giant Boeing and Brazilian aerospace major Embraer jointly has announced that they had signed a non-binding memorandum of understanding to create a commercial aviation joint venture (JV). Under this arrangement, Boeing will hold 80 percent of the JV and Embraer the remaining 20 percent. The deal has still to be approved by…

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by MIKE OCHONMA

July 12, 2018 | 4:44 pm
  |     |     |   Start Conversation

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