BREAKING NEWS

BREAKING NEWS

Embraer board OKs next steps on partnership with Boeing - filing

Embraer board OKs next steps on partnership with Boeing - filing
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Paulo Whitaker(Reuters)
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SAO PAULO (Reuters) - Brazilian planemaker Embraer SA <EMBR3.SA> on Friday said its board has authorised the company to take steps towards implementing a proposed partnership with Boeing Co <BA.N>, after receiving consent from Brasilia.

Embraer's board authorised management to sign the master transaction agreement related to the partnership on commercial aviation, as well as the contribution agreement to create the joint venture that will manage development of the KC-390 aircraft.

(Reporting by Marcelo Teixeira)

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