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Boeing-Embraer Deal Collapses

All about Airlines and Airliners.
 

Zak (netAirspace FAA) 25 Apr 20, 23:30Post
Boeing has abandoned a deal to buy 80% of Embraer’s commercial aircraft business for $4.2 billion, stating Saturday morning that the Brazilian company didn’t satisfy necessary conditions of the agreement.

Embraer said Boeing was making false claims to back out of the transaction and that it would “pursue all remedies.”

https://www.forbes.com/sites/jeremyboga ... collapses/
Ideology: The mistaken belief that your beliefs are neither beliefs nor mistaken.
GQfluffy (Database Editor & Founding Member) 26 Apr 20, 23:01Post
Heh...Boeing has $4.2 billion laying around? {silly}
Teller of no, fixer of everything, friend of the unimportant and all around good guy; the CAD Monkey
ShanwickOceanic (netAirspace FAA) 26 Apr 20, 23:17Post
GQfluffy wrote:Heh...Boeing has $4.2 billion laying around? {silly}

Sure, just check the parking lots {duck}
My friend and I applied for airline jobs in Australia, but they didn't Qantas.
JLAmber (netAirspace ATC & Founding Member) 27 Apr 20, 19:18Post
GQfluffy wrote:Heh...Boeing has $4.2 billion laying around? {silly}


Boeing don't have $4.2BN Zimbabwean, that's why they pulled out of this deal.

Could be an interesting opportunity for a new player to get into the airliner business with an established product, possibly at a significantly lower price than Boeing were proposing to pay.
A million great ideas...
Lucas (netAirspace ATC & Founding Member) 27 Apr 20, 22:23Post
ShanwickOceanic wrote:
GQfluffy wrote:Heh...Boeing has $4.2 billion laying around? {silly}

Sure, just check the parking lots {duck}


$4.2B of crash on hand.
Zak (netAirspace FAA) 27 Apr 20, 22:58Post
Lucas wrote:$4.2B of crash on hand.

I see what you did there... {mischief}
Ideology: The mistaken belief that your beliefs are neither beliefs nor mistaken.
 

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