Boeing in talks with Embraer to buy Regional Jet programme..

[Stratofreighter]

Original source:
https://www.wsj.com/articles/boeing-hel ... 2?mod=e2tw

https://www.bloomberg.com/news/articles ... sj-reports

https://www.cnbc.com/2017/12/21/boeing- ... eport.html

https://www.reuters.com/article/us-embr ... SKBN1EF2BA

https://www.flightglobal.com/news/artic ... po-444407/
is a good read...

[Stratofreighter]

The Brazilian government says "no"...
https://www.wsj.com/articles/brazils-te ... 1513959981
/
http://www.chicagotribune.com/business/ ... story.html

Brazilian President Michel Temer has rejected selling control of jet-maker Embraer to Boeing.

The Brazilian company confirmed Thursday that it is in talks with Chicago-based Boeing regarding a possible deal.

But the Brazilian government has veto power over a change in controlling interest in Embraer, one of the largest makers of midsize aircraft in the world.

At a breakfast with media in Brasilia on Friday, Temer said the government would welcome an infusion of foreign capital into Embraer but would not consider ceding majority control.

Temer also said the two companies had not previously informed him that they were in talks.

Boeing's approach to Embraer is seen as a response to competitor Airbus, which has plans to buy a majority stake of Canadian jet-maker Bombardier.