By Lise Alves, Senior Contributing Reporter
RIO DE JANEIRO, BRAZIL – A joint venture between Brazil’s Embraer and US’s Boeing was approved on Tuesday by 96.8 percent of the Brazilian aircraft manufacturer's shareholders. The partnership calls for the creation of a new company, where Boeing will own eighty percent of the shares and Embraer the remaining twenty percent.
“This groundbreaking partnership will position both companies to deliver a stronger value proposition for our customers and other stakeholders and create more opportunities for our employees,” said Paulo Cesar de Souza e Silva, President and CEO of Embraer in . . .