Aircraft
Boeing Bullish on Embraer Talks
U.S. company's Asia-Pac sales chief calls tie-up "a good strategic fit."

While Boeing's presence at this year's Singapore show might seem a bit muted due to its lack of any airliners on display, interest in the company's pursuit of an ownership stake in Brazil's Embraer will no doubt present plenty of fodder for conversation in the exhibit halls. Speaking at a pre-show roundtable discussion with journalists yesterday, Boeing Commercial Airplanes vice president of sales for Asia-Pacific and India Dinesh Keskar opened the discussion on an optimistic note, suggesting the prospect of a tie-up involving both the commercial and defense businesses remains a distinct possiblity, despite less-than-positive signals from the Brazilian government over ceding control of any of Embraer's military interests. "The talks are ongoing, and it's a good strategic fit," said Keskar. "We have worked with [Embraer] for a long time. It is not an offshoot of what happened with Airbus and Bombardier, like some people think."