{"id":348457,"date":"2020-04-27T12:09:50","date_gmt":"2020-04-27T06:39:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=348457"},"modified":"2020-04-27T13:31:27","modified_gmt":"2020-04-27T08:01:27","slug":"boeing-scraps-embraer-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-scraps-embraer-deal\/","title":{"rendered":"Boeing scraps Embraer deal"},"content":{"rendered":"<p>Boeing Co on Saturday pulled out of a $4.2-billion deal to buy the commercial jets division of Brazil\u2019s Embraer, unraveling years of work on a transformative move driven by expanding competition with Europe\u2019s Airbus.<\/p>\n<p>The deal\u2019s collapse, first reported by Reuters, is expected to trigger a legal battle as hopes for an alliance spanning from regional to jumbo jets dissolve into behind-the-scenes bickering, though a separate military transporter marketing pact will remain intact.<\/p>\n<p>\u201cOver the past several months, we had productive but ultimately unsuccessful negotiations &#8230; We all aimed to resolve those by the initial termination date, but it didn\u2019t happen,\u201d Boeing senior vice-president Marc Allen, the president of the proposed Embraer partnership, said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boeing Co on Saturday pulled out of a $4.2-billion deal to buy the commercial jets division of Brazil\u2019s Embraer, unraveling years of work on a transformative move driven by expanding competition with Europe\u2019s Airbus. The deal\u2019s collapse, first reported by Reuters, is expected to trigger a legal battle as hopes for an alliance spanning from regional to jumbo jets dissolve into behind-the-scenes bickering, though a separate military transporter marketing pact will remain intact. \u201cOver the past several months, we had productive but ultimately unsuccessful negotiations &#8230; We all aimed to resolve those by the initial termination date, but it didn\u2019t [&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":[216,130,148],"tags":[],"class_list":["post-348457","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348457","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=348457"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/348457\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=348457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=348457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=348457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}