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Stock impact report

Brazilian vice-president: Embraer should now look to China [Reuters]

Embraer S.A. (ERJ) 
Last embraer s.a. earnings: 3/26 06:00 am Check Earnings Report
US:NYSE Investor Relations: ri.embraer.com.br
Company Research Source: Reuters
Brazilian vice-president: Embraer should now look to China BRASILIA (Reuters) - Following the collapse of the Boeing Co ( BA.N ) takeover deal, Brazilian jetmaker Embraer SA ( EMBR3.SA ) should look to partner with China for its mid-range passenger plane unit, Brazil’s Vice President Hamilton Mourao said on Monday. “It’s a blessing in disguise,” Mourao said online to clients of consultancy Arko Advice. He said the company would stay in Brazilian hands and can deliver a product that China needs as it expands its domestic airline sector. “It’s an inevitable marriage. We have the know-how, they have the demand.” Show less Read more
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