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The joint-venture between Boeing and Embraer is close to the birth
The two companies are waiting to meet the Brazilian government
Embraer and Boeing have prepared the Memorandum of Understanding and they are waiting to meet the Brazilian government to present the plan that will lead to the creation of a joint-venture controlled by Boeing, with a minority in the hands of Embraer. However, this will only apply to civil aviation, because the military sector of the Brazilian aeronautical industry will remain exclusive competence...
AVIONEWS - World Aeronautical Press Agency