Exclusive: Jet buyers back Boeing-Embraer deal as Airbus expands reach

That deal leaves Embraer looking increasingly exposed, despite its long history as an independent manufacturer, and ratchets up pressure on the Brazilian company and U.S. giant Boeing to complete a similar tie-up, buyers and analysts said.

But in an unusual twist - as buyers typically favor greater choice of suppliers - airlines and lessors contacted by Reuters backed the Boeing-Embraer deal, expressing fears whether Embraer would be able to offer an indefinite alternative to a jet now backed by a much larger manufacturer. Embraer and Airbus had no immediate comment. Boeing declined to comment. The EU is expected to restart its probe into the Boeing-Embraer deal next week after halting the process while waiting for data, a person familiar with the matter said.While the top planemakers have been severely tested by crises over Boeing’s grounded 737 MAX and a bribery scandal at Airbus, their duopoly in the market for large jets is intact as evidenced by big displays at this week’s Singapore Airshow.

“They’d have a future, but it would get harder and harder to stay competitive as Airbus uses its muscle to lower A220 costs and prices,” said Teal Group analyst Richard Aboulafia. “It’s distracted running a process rather than a business. Let these two grown-up players work it out,” said Martin Moller, founder of the world’s largest regional aircraft lessor Nordic Aviation Capital, which owns or manages 175 Embraers.

Is that a 7Furry7?

How do they see out the windows?

Amotekun

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