Boeing in talks to buy Brazilian aircraft maker Embraer

Boeing in talks to buy Brazilian aircraft maker Embraer

Boeing and Brazil’s Embraer confirmed late on Thursday they are in talks on a “potential combination” that would allow the US aerospace giant to compete with other rivals in the 70-100 seat jet market. Embraer, which in 2016 had revenues of $6.2 billion (€5.2 billion) , manufactures commercial, military, executive and agricultural aircraft, and already collaborates with …