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 […]