Brazil court clears way for Boeing, Embraer to finalize deal
A Brazilian appeals court has reversed a lower court’s provisional decision that would have prevented Embraer and Boeing from finalizing terms of their proposed joint venture (JV). The Dec. 10 decision from Brazil’s Second Panel of the Federal Court of Appeals of the Third Region was “revoked,” Embraer said in a brief filing to financial […]
Tribunal derruba liminar que suspendia negócio Boeing-Embraer
Uma decisão do TRF-3 (Tribunal Regional Federal da 3ª Região) cassou liminar que suspendia o acordo para a criação de uma Joint Venture entre a americana Boeing e a brasileira Embraer. Na semana passada, uma liminar que atendia um pedido feito por deputados petistas em uma ação popular foi concedida pelo juiz federal Victorio Giuzio […]
Justicia de Brasil permite que Boeing y Embraer sigan con proceso para crear joint venture
El Tribunal Regional Federal de la 3ª Región de Brasil anuló la decisión cautelar emitida la semana pasada por un juez de Sao Paulo que suspendía el acuerdo de las empresas de aviación Boeing y Embraer para formar una «joint venture». En su decisión publicada este 10 de diciembre, el juez Luiz Alberto de Souza […]
Embraer, Brazil to appeal court order halting Boeing JV approval
Embraer and Brazil’s government plan to challenge a Brazilian court order that prevents the company and Boeing from finalizing their proposed commercial-aircraft joint venture (JV) before the country’s new administration is in power. The Dec. 6 order, issued by the 24th Federal Civil Court of São Paulo, prohibits the deal’s terms from being finalized, but […]
Cade aprova parceria entre Azul e Correios
A Azul anunciou hoje (5) a aprovação do Cade sobre a criação de uma joint-venture entre a empresa e os Correios para o transporte de cargas. O acordo foi feito em dezembro de 2017. O parecer da Superintendência Geral está disponível no site oficial do Cade e o acordo entre as duas organizações foi aprovado […]
Azul and Correios’ e-commerce joint venture gains antitrust approval in Brazil
Brazil’s postal service Correios and local passenger airline Azul have gained antitrust approval for their joint venture to create a logistics platform serving Brazil’s e-commerce sector. The December 2017 Memorandum of Understanding (MoU) between the carrier’s Azul Cargo Express unit and Correios to create a logistics company has been cleared «without restriction» by Brazil’s competition […]
LATAM confident that planned JVs will prevail in Chile
LATAM Airlines Group is confident that the airline’s planned joint ventures with Oneworld partners American Airlines and IAG will prevail, following last-minute appeals in Chile against the deals. LATAM chief executive Enrique Cueto tells FlightGlobal that he believes Chile’s supreme court, which will listen to the appeals, will uphold the decision of Chile’s anti-trust tribunal […]
Delta and WestJet plan six new routes under pact
Delta Air Lines and WestJet are touting the expansion prospects of their proposed joint venture, promising at least 20% growth and six new routes in the market if approved. The carriers would offer «new or expanded service on at least 20 nonstop routes», including new service between Chicago and Toronto, and additional connections to each […]
Embraer-Boeing agreement lays out terms of proposed joint venture
The planned joint venture between Boeing and Embraer would give the US manufacturer complete control over all aspects of Embraer’s commercial aircraft unit, according to a recently-released document. The document, a memorandum of understanding between Boeing and Embraer, also specifies that the deal would see Embraer’s entire commercial unit transfer into a new, «fully-integrated subsidiary» […]
Delta, Boston’s No. 1 global airline, to offer nonstop Lisbon service in summer 2019
New nonstop is the eighth international destination from Boston served by Delta and its partners Delta is giving Boston customers even more trans-Atlantic choices beginning next summer when the airline inaugurates new nonstop service to Lisbon, Portugal on May 23. «Delta has significantly grown Boston’s direct access to the world in the past five years, […]
