Brazil approves Boeing-Embraer deal with commitment to keep local jobsStaff Writer |
LatAm Embraer and Boeing
The Brazilian government said it would allow a proposed tie-up between planemakers Embraer and Boeing to go forward.
But one thing was new: the government said in a press release that the two planemakers would “maintain the current jobs in Brazil,” a move that might appease union workers and politicians who had raised concerns that, if the deal went through, Boeing would then try to slash jobs. The companies had previously been noncommittal on the issue. ■
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