Aircraft
Embraer Finds Its Stride after Failed Boeing Deal
The Covid crisis and the failed sale of its commercial division has forced Embraer to sharpen its focus on efficiency and innovation.
Embraer CEO Francisco Gomes Neto addresses reporters at the company's 2022 Media Day in Sao Jose dos Campos, Brazil. (Photo: Embraer)
Embraer CEO Francisco Gomes Neto addresses reporters at the company's 2022 Media Day in Sao Jose dos Campos, Brazil. (Photo: Embraer)

Although Embraer executives haven’t publicly characterized the decision by Boeing to terminate their merger agreement in April 2020 as anything other than a setback, the Brazilian company didn’t spend a lot of time wallowing in disappointment. First, the OEM moved quickly to start the reintegration of its commercial aviation division, an exercise complicated by the Covid crisis but one that it managed to execute to plan. Today, the company’s organization has become simpler and more agile, allowing for faster decision-making, according to CEO Francisco Gomes Neto.