Brazilian aerospace manufacturer Embraer has announced its Q1 2020 orders and deliveries log, in a briefing delivered to shareholders in the city of São José dos Campos yesterday.
Brazilian aircraft manufacturer Embraer has sought advisory assistance in an move towards formally requesting Brazilian government support after a deal with Boeing fell through. Embraer has hired an investment bank, Itau BBA, to advise in talks with the Brazilian Development Bank (BNDES) for government support. The plane manufacturer is seeking credit lines of between $1
Boeing has walked away from a $4.2 billion deal planned with Brazilian aircraft manufacturer Embraer.
Embraer says it will be at least March 2020 before the proposed Boeing deal is concluded.
Embraer says it delivered 17 commercial aircraft in the third quarter of calendar 2019, a slight increase from 15 aircraft a year ago.
Boeing and Embraer say they now expect their proposed joint-venture to be finalised in early 2020, rather than the previous target of the end of 2019.
