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Embraer and Boeing approved the terms of aerospace partnership

Seek Brazilian Government approval

Embraer and Boeing have approved to the terms of a strategic partnership that would position both companies to accelerate growth in global aerospace markets.The approved terms define the joint-venture comprising the commercial aircraft and services operations of the Brazialian industry, in which the US company will hold an 80 percent ownership stake and Embraer will hold the remaining 20 percent. The...

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AVIONEWS - World Aeronautical Press Agency
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