{"id":348446,"date":"2020-04-27T11:52:47","date_gmt":"2020-04-27T06:22:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348446"},"modified":"2020-04-27T12:55:59","modified_gmt":"2020-04-27T07:25:59","slug":"boeing-embraer-scrap-4-2-billion-deal-as-jetliner-market-shrinks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-embraer-scrap-4-2-billion-deal-as-jetliner-market-shrinks\/","title":{"rendered":"Boeing, Embraer scrap $4.2 billion deal as jetliner market shrinks"},"content":{"rendered":"<p>Boeing Co. is walking away from its proposed $4.2 billion combination with Embraer SA\u2019s commercial-aircraft business, ending years of talks, as the planemakers brace for a far smaller jetliner market after the coronavirus pandemic.<\/p>\n<p>The deal\u2019s collapse turns two long-time business partners into competitors and strengthens Airbus SE\u2019s long-term advantage in the lucrative market for single-aisle planes. The partnership with Brazil\u2019s Embraer would have armed the U.S. aerospace giant with smaller jets to compete against a new offering from Airbus.<\/p>\n<p>Boeing is abandoning the proposed tie-up weeks after Chief Executive Officer Dave Calhoun warned employees that the company would need to adjust to a \u201cnew reality&#8221; as travel demand vanishes because of the virus and airlines prepare for a slow recovery. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Co. is walking away from its proposed $4.2 billion combination with Embraer SA\u2019s commercial-aircraft business, ending years of talks, as the planemakers brace for a far smaller jetliner market after the coronavirus pandemic. The deal\u2019s collapse turns two long-time business partners into competitors and strengthens Airbus SE\u2019s long-term advantage in the lucrative market for single-aisle planes. The partnership with Brazil\u2019s Embraer would have armed the U.S. aerospace giant with smaller jets to compete against a new offering from Airbus. Boeing is abandoning the proposed tie-up weeks after Chief Executive Officer Dave Calhoun warned employees that the company would need [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-348446","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348446","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=348446"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348446\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}