Aircraft
Boeing Pulls Out of Planned Embraer Tie-up
A master transaction agreement that laid out contract terms for the creation of Boeing Brasil expired on Friday.
A Skywest Airlines Embraer 175 (foreground) and an American Airlines Boeing 787-9 cross paths at Los Angeles International Airport. (Photo: Flickr: Creative Commons (BY-SA) by TDelCoro)
A Skywest Airlines Embraer 175 (foreground) and an American Airlines Boeing 787-9 cross paths at Los Angeles International Airport. (Photo: Flickr: Creative Commons (BY-SA) by TDelCoro)

Boeing has chosen to pull out of its agreement to buy 80 percent of Embraer’s commercial airplane business after the master transaction agreement (MTA) that laid out the details expired on April 24, the U.S. aerospace giant announced Saturday.