Embraer and Boeing discussing a commercial aviation alliance

BRASILIA (Reuters) - Embraer SA and Boeing Co are discussing setting up a new company focused on commercial aviation but have not yet reached an accord, the Brazilian planemaker said in a Thursday securities filing.The arrangement would exclude Embraer's defence and "potentially" its business jet divisions from the alliance, the filing said.

Reuters reported earlier in the day that a new proposal had been submitted to Brazil's government on Tuesday but there were still issues to be ironed out. (Reporting by Bruno Federowski; Editing by Leslie.

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