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Embraer and Boeing discussing a commercial aviation alliance

Published 04/12/2018, 05:35 PM
Updated 04/12/2018, 05:40 PM
© Reuters. The Boeing building is seen next to Boeing Field in Seattle
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BRASILIA (Reuters) - Embraer SA (SA:EMBR3) and Boeing Co (N:BA) are discussing setting up a new company focused on commercial aviation but have not yet reached an accord, the Brazilian planemaker said in a Thursday securities filing.

© Reuters. The Boeing building is seen next to Boeing Field in Seattle

The arrangement would exclude Embraer's defense and "potentially" its business jet divisions from the alliance, the filing said. Reuters reported earlier in the day that a new proposal had been submitted to Brazil's government on Tuesday but there were still issues to be ironed out.

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