WASHINGTON — Boeing’s termination of a $4.2 billion deal for a majority stake in Embraer’s commercial aviation business could have widespread implications on the Brazilian firm’s flagship military aircraft.
Boeing on Saturday announced that it would walk away from a joint venture that would give it an 80 percent stake in Embraer’s commercial business, as well as a 49 percent stake in the company’s C-390 Millennium cargo plane.
Read more: https://www.defensenews.com/air/2020/04/27/collapse-of-boeing-embraer-deal-could-have-major-impact-on-c-390-millenniums-future/
