April 27, 2020 in Indian Business News

Boeing deal can’t be revived: Embraer CEO

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The CEO of Brazilian jet maker Embraer said Monday its $4.2 billion commercial jet deal with Boeing can’t be revived, and the Brazilian company has begun arbitration proceedings against the American aerospace giant. As Fred Katayama reports, shares of both companies dropped.

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Republished. Link to Original Article: http://feeds.reuters.com/~r/reuters/INVideoBusiness/~3/a4xQtxvz4rg/boeing-deal-cant-be-revived-embraer-ceo

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