Boeing negotiates 51% of JV with Embraer
Here we go!
Brazilian news reported Boeing negotiated a 51% ownership in JV with Embraer. No details yet. https://www.reuters.com/article/us-e...-idUSKCN1G90P3 a little more detail, but older https://www.reuters.com/article/us-e...-idUSKBN1FM1TV |
why would they allow mr B a controlling interest??
|
Originally Posted by Heathrow Harry
(Post 10064943)
why would they allow mr B a controlling interest??
|
Unclear what the JV involves
|
Hmmmm - A joint venture usually implies a specific project rather than a corporate merger.
|
Brazilian govt won't let the lazy b touch the defense portion.
|
I hope they aren't allowed to fiddle with Brazil's defence market. "Thank you, that will be a million dollars. What was the question again?"
|
Originally Posted by underfire
(Post 10064953)
Brazilian govt won't let the lazy b touch the defense portion.
|
Anybody who has done business in Brazil knows how corrupt everything there is, I doubt if Boeing will be able to "fiddle" with anything, other than with some Brazilian "cooperation".
This should be interesting to see how it works down the road. f |
So, back to A & B duopoly and get the western plane makers in strong position to hold off Chinese and Russian competitors for the next decade at least.
|
Embraer and Boeing will base their JV on a newly created company, of which Boeing will own 51%. That company will only handle the commercial side of Embraer; the military and corporate sides will remain solely under Brazilian control.
It would come as a great surprise if there wasn't some kind of scope clause on the JV, along the lines of 'research, develop, manufacture and market commercial aircraft with a seating capacity between X and Y' So, no, Boeing won't be selling Super Tucanos or Phenoms. |
Could this explain why US put a 29% tax on Bombardier aircraft?
|
Boeing did want 90% (Brazilian Govt owns 10%)
Another missed op. Point AB |
All times are GMT. The time now is 10:23. |
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.