Embraer open to new partnerships after Boeing deal collapses

Brazilian planemaker Embraer SA said on Monday that it expects to sign new strategic partnerships in the future, after Boeing Co abruptly canceled a deal in April to take over the company’s commercial jet division. Embraer Chief Executive Francisco Gomes Neto said it was still early to discuss such opportunities as the company is studying a new five-year plan. Reuters reported on Friday that China, Russia and India were circling Embraer and studying potential moves, although any talks would be preliminary. …read more

Source:: Yahoo Finance

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