Boeing, Embraer aircraft Aviation

Embraer-Boeing JV Receives Shareholder Approval

The acquisition of the 80 percent stake, costing Boeing USD$4.2 billion, was approved by 96.8 percent of voters at a shareholders’ meeting in São Paulo. The vote, by owners of 67 percent of outstanding shares, approved the joint venture between Boeing and Embraer for the Brazilian company’s commercial aircraft and services operations. Boeing will own […]

Hawaiian aircraft Aviation

Airline CEO explains why Airbus lost a major order to Boeing

Hawaiian Airlines announced an order for 10 Boeing 787-9 Dreamliners while canceling an existing order for six Airbus A330-800neos. The Dreamliner was selected after an intense sales competition between Airbus and Boeing. In an interview with Business Insider, Hawaiian Airlines CEO Peter Ingram explained why his company decided to abandon its long-standing Airbus order and go with Boeing. On March 6, Hawaiian Airlines announced […]