Boeing scrubs $4.2B deal to buy Embraer; Brazilian planemaker vows to ‘pursue all remedies’

Boeing scrubs $4.2B deal to buy Embraer; Brazilian planemaker vows to ‘pursue all remedies’

Embraer's E190-E2 and Boeing's 737 MAX 7
The Boeing-Embraer deal would have added regional jets such as Embraer’s E190-E2 to a lineup that also includes Boeing’s 737 MAX 7 and larger jets. (Embraer Illustration)

Boeing terminated its two-year-old, $4.2 billion agreement to acquire the commercial operations of Embraer, a leading regional-jet manufacturer based in Brazil, as Friday’s deadline for sealing the deal passed.




Source: GeekWire

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