Author: Vitaliy Dadalyan

Boeing to have 51 percent stake in venture with Embraer – paper

Boeing to have 51 percent stake in venture with Embraer - paper

Boeing Co will have a 51 percent stake in a joint company currently being negotiated with Brazilian aircraft maker Embraer, O Globo newspaper columnist Lauro Jardim reported on Sunday. Boeing has agreed to a Brazilian government demand that the U.S. company have no more than a 51 percent controlling share, Jardim said, without citing sources. Embraer said it would not comment on the matter.


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