Brazil’s Embraer draws foreign interest after Boeing rift, say sources | Malay Mail

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SAO PAULO, May 29 — Aircraft makers are circling Brazil’s Embraer weeks after Boeing ditched plans for a historic commercial aviation tie-up, people familiar with the matter said. Boeing axed plans to buy 80 per cent of Embraer’s commercial unit in April, ending a planned move into regional...

Friday, 29 May 2020 11:10 PM MYT

China’s state-owned COMAC planemaker has voiced informal interest in co-operation with the world’s third-largest jetmaker, two of the people said. Russian aircraft manufacturer Irkut has also explored the issue, two others said, though the company denied any current interest. Both COMAC and Irkut are developing aircraft to compete directly with Airbus and Boeing in the busy 150-seat market. China’s plans are considered the most advanced.

But India has a potential requirement for developing an 80-90-seat regional jet — a category occupied by Embraer — for Prime Minister Narendra Modi’s signature UDAN project to expand air services to small towns. Modi administration officials and a government thinktank are preparing a strategy paper on Embraer but no formal approach has yet been made, an official aware of the plans said.

 

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