Boeing-Embraer joint venture collapse throws cold water on C-390

stlbeacon.org - 4/26/2020

Collapse of a joint venture agreement between Boeing and Embraer to promote the Embraer C-390 Millennium will likely make it more difficult to sell the medium-lift transport outside of Brazil, seriously hurting the overall sales of the aircraft programme. The deal, in which Embraer would have owned a 51% stake and Boeing a 49% stake, was terminated after the two sides could not get past some final sticking points, said Boeing on 25 April.

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