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Boeing, Embraer confirm merger talks ongoing; deal not guaranteed
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Boeing, Embraer confirm merger talks ongoing; deal not guaranteed

The merger talks come two months after Airbus signed an agreement to take a majority stake in production of narrow-body planes made by Bombardier.
US aerospace giant Boeing and Brazil’s Embraer said Thursday they were in talks on a «potential combination» but cautioned there was no guarantee of a deal.

The talks ignited shares of the Brazilian company, which makes commercial, military and executive jets, despite immediate signs of opposition to the transaction in Brazil.

Any deal would need to be approved by the Brazilian government.

A merger between the two companies would build on their existing alliance on the KC-39 military plane and would permit the much-bigger Boeing to fill a gap in its fleet with regional single-aisle planes. ..

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