Embraer Takes Long View Following Boeing Deal Debacle | Aviation International News

Embraer Takes Long View Following Boeing Deal Debacle

The reintegration of Embraer’s commercial aviation unit with the wider enterprise has advanced on schedule.

Embraer CEO Francisco Gomes Neto (Photo: Embraer)

By Gregory Polek • Senior Editor

July 21, 2020

As Embraer emerges from what it might want to consider a forgettable period in its history, the Brazilian company has turned its attention to restructuring the business at a time of upheaval throughout the industry. Since its planned deal with Boeing to sell 80 percent of its commercial airplane division to Boeing fell apart, Embraer has begun to reintegrate the unit with the rest of the company and named a new division CEO to replace John Slattery, who has accepted the top position at GE Aviation. Meanwhile, the company continues to ready its case for a lawsuit it filed against Boeing for wrongful termination of the $4.2 billion transaction.

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