Exclusive: Jet buyers back Boeing-Embraer deal as Airbus expands reach

Some of the world’s biggest aircraft buyers are urging the European Union to clear Boeing’s tie-up with Embraer, fearing Embraer’s commercial aviation business would struggle on its own now Airbus has swallowed its main competitor in regional jets. Airbus, Europe’s biggest planemaker, on Thursday increased its controlling stake in the A220 regional jet programme – Embraer’s main rival – as Canada’s Bombardier sold out of the project it had set up. …read more

Source:: Yahoo Finance

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