Despite Costs, Embraer’s Slattery Shows Patience on Boeing JV | Aviation International News

Despite Costs, Embraer’s Slattery Shows Patience on Boeing JV

The Embraer Commercial CEO awaits the competitive “visibility” airline customers covet.

Embraer Commercial Aircraft CEO John Slattery (Photo: Embraer)

By Gregory Polek • Senior Editor

February 6, 2020

Embraer Commercial Aircraft CEO John Slattery continues to exhibit exceptional patience with the European Commission’s extended review of the Brazilian company’s proposed joint venture with Boeing, even while costs associated with the merger continue to mount. Speaking with AIN just ahead of the Singapore Airshow, Slattery cited confidentiality interests in declining to offer details of the EC’s most recent request for information on the proposal following its decision to suspend its review for a second time on January 21. However, he reiterated he remains “respectful” of the process, notwithstanding the fact that Embraer (Chalet CD37) has finished its IT migration in preparation for the establishment of the entity called Boeing Brasil last month. The transaction has gained the endorsement of nine of 10 jurisdictions whose approval the deal needs to proceed, leaving the EC as the last remaining holdout.

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