You are the news now

THE NEWS COMMENTER

VOTE  (0)  (0)

Boeing takes Embraer to arbitration over failed aviation deal

Added 06-01-20 08:03:02pm EST - “Boeing Co has taken former partner Embraer SA to arbitration over a failed $4.2 billion deal, the Brazilian planemaker said in a securities filing on Monday night.” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “Boeing takes Embraer to arbitration over failed aviation deal”. Below is an excerpt from the article.

SAO PAULO (Reuters) - Boeing Co (BA.N) has taken former partner Embraer SA (EMBR3.SA) to arbitration over a failed $4.2 billion deal, the Brazilian planemaker said in a securities filing on Monday night.

So far, it has only been publicly known that Embraer had taken Boeing to arbitration, angered by how the U.S. planemaker abruptly broke off that deal in April after years of working together.

Read more...

If you don't see any comments yet, congrats! You get first comment. Be nice and have fun.

CLICK TO SHARE

BACK TO THE HOME-PAGE