Boeing proposes Embraer tie-up excluding defence unit - source

By Ricardo BritoBRASILIA (Reuters) - Boeing Co has sought the Brazilian government's approval of a partnership with planemaker Embraer SA that would create a new company focused on commercial aviation, a person familiar with the matter said on Friday.

The new vehicle would not include Embraer's defence unit under the proposal presented on Thursday, according to the source, who asked not to be named due to the sensitivity of ongoing talks.Embraer said in a securities filing that it was in ongoing talks with Boeing and the Brazilian government.....

This article is no longer available in our repository.

There could be multiple reasons for this.