Boeing and Embraer have welcomed the unconditional approval of their strategic partnership by the Administrative Council for Economic Defence’s general-superintendence in Brazil.
The decision will become final within the next 15 days unless a review is requested by commissioners.
The partnership has now received unconditional clearance from every regulatory jurisdiction with the exception of the European Commission, which continues to assess the deal.
“This latest clearance is yet another endorsement of our partnership, which will bring greater competition to the regional jet marketplace, better value for our customers and opportunities for our employees,” said Marc Allen, Boeing president of the Embraer Partnership.
Unconditional clearance has now been granted in Brazil, United States, China, Japan, South Africa, Montenegro, Colombia, and Kenya.
“Brazil’s approval of the deal is a clear demonstration of the pro-competitive nature of our partnership,” said Francisco Gomes Neto, president and chief executive of Embraer.
“It will not only benefit our customers, but also allow the growth of Embraer and the Brazilian aeronautical industry as a whole.”
Boeing and Embraer have been in discussion with the European Commission since…
