Appeals Court Overturns Ruling Blocking Boeing-Embraer Deal | Aviation International News

Appeals Court Overturns Ruling Blocking Boeing-Embraer Deal

The ruling to grant an appeal by Brazil’s solicitor general came less than a week after the original ruling.

By Gregory Polek • Senior Editor

December 10, 2018

A Brazilian appeals court has overturned a December 5 ruling by a federal judge in São Paulo granting an injunction to block Embraer’s board of directors from approving the proposed deal to give Boeing an 80-percent stake in the Brazilian company. The latest ruling, revealed in a December 10 U.S. Securities and Exchange Commission filing by Embraer, grants a request to overturn the injunction by Brazil’s solicitor general, who argued that the original ruling violated Embraer’s right under the country’s constitution to engage in free enterprise, according to Reuters.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Embraer Delivers First Praetor 600E Ahead of Schedule

Launch customer Flexjet accepts first of the upgraded super-midsize jets

Embraer Praetor 600E in flight

Aura Aero Flies Former VoltAero Aircraft As Testbed

Aura Aero makes first flight of hybrid-electric testbed since acquiring assets

Modified Cessna 337 Skymaster over coast r

ACJ: Strong Large-aircraft Market Growth Ahead in Asia

Research finds most financiers and brokers in Asia see market demand increasing

Airbus Corporate Jets ACJTwoTwenty

Britten-Norman Targets Eight New-build Islanders Annually

UK production expansion follows inaugural flight of latest Bembridge-built unit

Britten-Norman Islander

Bizjet Market Value To Reach $60B per Year in Next Decade

Market estimated to grow from $27 billion in 2025 to more than $60.5 billion

Phenom 100

Atlas Will Build Electra’s EL9 Hybrid-electric Prototypes

Wichita-based aerospace manufacturing group has partnered with the U.S. start-up

Electra EL9 aircraft

Honda Aircraft Finishes Echelon Wing, Delays 1st Flight

Final assembly of the first jet will take place early next year

Honda Aircraft team and the Echelon wing

Cape Air To Add Eight Caravans for Montana Service

Will introduce aircraft in 2027 to the Montana network

Textron Aviation Cessna Grand Caravan EX