Partnership
Embraer x Boeing (Commercial Aviation Joint Venture)
Boeing and Embraer established a joint venture in 2018-2019 for Boeing to acquire an 80% stake in Embraer's commercial aircraft division, valued at .2 billion. The partnership was terminated by Boeing in April 2020, reportedly due to the COVID-19 pandemic's impact on aviation. The joint venture would have produced and serviced Embraer's commercial airliners worldwide.
joint venture · Dissolved · operating
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1fa84608-7d55-45d9-a6ab-16874b9bb02c- Type
- joint venture
- Status
- Dissolvedoperating
Who’s involved
Embraer (NYSE: ERJ / B3: EMBR3) is a Brazilian aerospace company producing commercial, executive, and military aircraft. Developing autonomous flight technology and urban air mobility solutions. The [Eve air mobility](/companies/eve-air-mobility) spinoff is developing eVTOL aircraft for urban transportation.
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Off-registry parties
- Boeing · investor partner
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