Aircraft
Brazil’s Government Greenlights Embraer-Boeing Deal
Brazilian president Bolsonaro calms markets by endorsing the joint venture.
Brazilian Science and Technology Minister Marcos Pontes, engineer, pilot, and astronaut, speaks at the meeting that marked the approval of the Embraer-Boeing partnership. (Photo: Isac Nóbrega/Presidency of the Republic)
Brazilian Science and Technology Minister Marcos Pontes, engineer, pilot, and astronaut, speaks at the meeting that marked the approval of the Embraer-Boeing partnership. (Photo: Isac Nóbrega/Presidency of the Republic)

The Brazilian federal government issued a statement Thursday indicating it would not exercise its right to block the proposed partnership between Embraer and Boeing, thereby lowering one of the last remaining hurdles the companies need to clear before executing the joint venture agreement reached last month. 


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