Embraer aircraft will lose their name
The name of the joint venture Boeing and Embraer will not appear the name of the Brazilian aircraft manufacturer. The American company, which in January 2019 acquired 80% of the commercial passenger aircraft division of Embraer, announced that the new joint venture would be called Boeing Brasil - Commercial. For the first time, plans to acquire the Embarer passenger division were announced at the Farnborough air show last July. The acquisition cost Boeing 4.2 billion dollars. The deal with Boeing has already been approved by shareholders, but is still awaiting regulatory approval. The joint venture will produce 80–130-seat aircraft of the E-Jets E2 family and 40–50-seat regional ERJ vehicles. Embraer will retain business aviation programs. The deal with Embraer was for Boeing a response to the reinforcement of its main competitor - the European company Airbus. The latter, in July 2018, completed the acquisition of the CSeries narrow-body aircraft program from the Canadian company Bombardier. The European aircraft manufacturer also re-branded, giving these aircraft the name Airbus A220.