But Brazilian group’s CEO leaves option open to take on Airbus and Boeing with a larger plane
Brazilian aerospace group studies plans for narrow-body passenger plane or long-range business jet
Aerospace group is seeking to benefit from changing aviation trends ahead of rivals Boeing and Airbus
Joint venture had been pegged as a game-changer for Brazilian aircraft manufacturer
Brazilian jet maker to seek damages from US group, which counters it is within its rights to terminate deal
Donna Hrinak, Boeing’s president for Latin America, shares her insights on the deal
US aircraft maker to take control of Brazilian company for $4.2bn
Pact crucially still requires green light from Brazilian government
The proposed joint venture makes sense despite the bumpy ride
Joint venture put on hold at least until Jair Bolsonaro takes office on January 1
Plane maker faced falling commercial aircraft deliveries and steep decline in defence revenue
Timing has led to questions on whether the new aircraft launch will happen
Brazil’s presidential election looms as a threat to aircraft manufacturers’ tie-up
Move into smaller aircraft will bolster ability to compete against Airbus
US group would take up to 90% in Brazil company but exclude sensitive military operation
Defence minister says a partnership would be welcome but should not affect ownership
President welcomes injection of foreign capital but rules out transfer of ownership
US jet maker may struggle to persuade Brasília to part with a national champion