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Delta Airlines Resumes New York-JFK to São Paulo flights

Delta will resume flights between John F. Kennedy International Airport in New York and Guarulhos International Airport in São Paulo beginning Feb. 12, 2021. The route will operate four times per week with Boeing 767-400 aircraft featuring the latest Delta OneDelta Premium SelectDelta Comfort+ and Main Cabin service. Flights will depart from Terminal 4 at JFK and Terminal 3 in São Paulo, where Delta and its partners offer easy and convenient access to Delta Sky Clubs or partner lounges. The route also complements Delta’s daily service between its Atlanta hub and São Paulo, providing significant connection opportunities through two of Delta’s major hubs.

Delta has added more than 100 layers of protection through its Delta CareStandard, and has extended middle seat blocking through April 30, 2021 – the only U.S. airline to do so. To make the travel planning experience easier, Delta has created an interactive travel map to help customers understand where Delta flies and the latest travel requirements or restrictions at their destination, including more information on the U.S. Centers for Disease Control requirement that customers entering or transiting the U.S. present a negative COVID-19 test result.

Even as Delta has doubled down on its investment in safety and cleanliness, it also continues to invest in offering a superior customer experience and award-winning hospitality, including refreshing more than 300 new in-flight entertainment options and recently announced plans to bring high-speed Wi-Fi on board this year.

Transport of essential goods and services

During the COVID-19 pandemic, Delta Cargo kept the supply chain flowing with cargo-only flights. With the return of service more widely to the Brazilian market, the company’s flights will also offer larger cargo capacity – allowing Delta Cargo’s customers to transport essential goods, perishable products and supplies between Brazil and the U.S.

The cargo division also supports the delivery of vaccines in the U.S. and, since December, has been distributing shipments of COVID-19 vaccines as part of the global effort to combat the pandemic.

Detailed information on how to book a vaccine shipment is obtained from Delta Cargo’s Pharma Desk, which can be contacted by e-mail at DeltaCargoPharma@delta.com or by phone at +1 (800) 352-2746 (valid for calls originating in the U.S.). In addition, the Cargo Charters team can help with this Charter request form or by email at DeltaCargoCharters@delta.com. Additional information about Delta Cargo is available at deltacargo.com.

Delta’s flight schedule remains subject to change due to the evolving nature of COVID-19, customer demand and government travel regulations. For more information on Delta’s response to the COVID-19 pandemic, visit delta.com.

Delta schedule for New York (JFK) – São Paulo (GRU) flights*

Flight #Departure Arrival Days of the week 
DL 471JFK: 9:35 p.m.GRU: 9:40 a.m.+1Mon, Wed, Fri and Sun
DL 472GRU: 9:15 p.m. JFK: 5:20 a.m.+1 Mon, Tue, Thu, Sat

*The first flight from GRU departs on Feb. 13.

First Leonardo AW109 Trekker VIP for Europe Debuts at Monaco Yacht Show

  • The first VIP AW109 Trekker for the European market is destined for the United Kingdom where Leonardo has a fleet of almost 100 VIP helicopters
  • Leonardo has a global fleet of over 830 VIP helicopters performing private, charter, scheduled, corporate transport, air-taxi, tourism and VVIP transport 
  • With skids and high levels of customization, the AW109 Trekker is slated to increase Leonardo’s impressive VIP market share (44% in twin engines) 

The first Leonardo AW109 VIP Trekker helicopter for a European customer debuts today at the Monaco Yacht Show – Leonardo stand QA13 / Quai Antoine 1er. The Monaco Yacht Show (25 to 28 September) is one of the most important international luxury yacht showcases. After the show, the VIP Trekker will fly to the United Kingdom for delivery thanks to Sloane Helicopters, Leonardo’s distributor for over twenty years in the United Kingdom and Ireland. The privately-owned aircraft will be operated by Apollo Air Services, available for VIP charter market. 

The AW109 Trekker is the newest model within Leonardo’s light twin-engine helicopter range. The Trekker joins a fleet of Leonardo VIP helicopters that lead the UK and Irish market: almost 100 aircraft with nearly 90% represented by the AW109 series (Power, Grand and GrandNew). This market is second only to Brazil where about 130 Leonardo VIP helicopters fly amongst 400 San Paolo helipads. 

The helicopter maker and the distinguished Italian Style of its VIP helicopter design are embraced around the world, boasting a 44% global share in the twin-engine VIP helicopter market.  The Company’s fleet of 2,300 civil helicopters are used for law enforcement, offshore transport, utilities, search and rescue and VIP / corporate transport. More than 830 aircraft carry out a range pf passenger transport missions including private, charter, scheduled flights, corporate, air-taxi, tourism, VVIP. 

Leonardo’s VIP helicopter models all share a strong commitment to high performance, versatility, safety, reliability, support and training services, design and a high level of customization. The Company features the largest range of executive, corporate and government transport helicopters including the AW119Kx single engine 1.8 tonne, the AW109 series, the AW169, AW139, AW189 and the three-engine 16 tonne.   

With the AW109 Trekker Leonardo is destined to increase its notable market share, thanks to features that combine the qualities of the AW109 Grand—long recognized by operators—including its spacious cabin, state-of-the-art Genesys Aerosystems avionics and skids, particularly suitable for landing on yachts. The combination is unmatched in terms of cost/effectiveness, technology and performance. 

Sloane Helicopters will be maintaining two AW109 Trekkers in UK. Building on the qualities that have made the AW109 series the benchmark helicopters in its category, Sloane will be performing demonstration flights with the new Leonardo light twin inviting operators to learn more about its unique characteristics.   

NOTE TO EDITORS ON THE AW109 TREKKER VIP

The AW109 Trekker combines excellent performance, the latest technology and high safety standards to provide customers an ideal combination of comfort and capabilities. The finest materials and the highest levels of craftsmanship give the helicopter a unique style and ensure passengers a pleasant journey.

The AW109 Trekker is equipped with a latest generation Genesys Aerosystems glass cockpit that can be configured according to customer needs: one or two pilots, VFR or IFR.

The large and bright cabin can be configured in a variety of layouts and boasts an effective soundproofing system to offer passengers an extremely pleasant flight. Large sliding doors on both sides ensure easy entry and exit, while the luggage compartment offers high load capacity.

It can carry 6/7 passengers and has a maximum take-off weight of 3.175 kg. Over 60 AW109 Trekkers have already been sold to customers around the world to date for multiple missions such as VIP transport, offshore, utilities, EMS / SAR, law enforcement.

Embraer Praetor 600 Jet Makes Its First Transatlantic Crossing

Melbourne, Florida, May 17, 2019 – Embraer’s new Praetor 600 super-midsize business jet has completed its first transatlantic crossing, powered by Sustainable Alternative Jet Fuel (SAJF). The aircraft arrived yesterday in Farnborough, having departed from Teterboro Airport in the U.S. The first transatlantic flight of the Praetor 600 covered about 3,000 nautical miles with about 15,000 lb of fuel, of which 3,000 lb was SAJF.

Embraer will debut its new Praetor business jets at the European Business Aviation Conference and Exhibition (EBACE) in Geneva, Switzerland, from May 21 to May 23. The new midsize Praetor 500 and super-midsize Praetor 600 business jets were launched in October 2018.

On static display at this year’s EBACE will be the entry-level Phenom 100EV, the Phenom 300E light jet, the midsize Praetor 500, the super-midsize Praetor 600, the large Legacy 650E and the ultra-large Lineage 1000E. All aircraft will arrive at EBACE fueled with SAJF.

Prior to arrival at EBACE, Embraer will participate at a business aviation biofuel event to be held at Farnborough Airport on May 18. This event will mark the first anniversary of the launch of the Business Aviation Coalition for Sustainable Alternative Jet Fuel (SAJF), at EBACE 2018, and the 10th anniversary of the Business Aviation Commitment on Climate Change, announced in 2009.

The “Fueling the Future” event will gather business aviation and civic leaders to discuss the path forward for the continued adoption of SAJF in business aviation, in order to fulfill the coalition’s goal of reducing emissions through investments and innovation. Several manufacturer’s business aircraft will be fueled with SAJF before departing to EBACE.

On May 8, the Praetor 600 began its journey to EBACE at São Paulo International Airport in Brazil and arrived in Fort Lauderdale, Florida with a six-passenger equivalent payload of 1,200 lb (544 kg). This was the aircraft’s longest flight to date, covering 3,904 nm (7,230 kilometers) over an air distance of 3,678 nm (6,812 kilometers), having faced up to 43 knots of headwinds and descended into Miami’s distinct air space pattern.

The Praetor 600 is the best performing super-midsize jet ever developed, surpassing all its main design goals and becoming capable of flying beyond 4,000 nautical miles in long-range cruise speed or beyond 3,700 nautical miles at Mach .80 from runways shorter than 4,500ft, complemented by an outstanding payload capability.

The Praetor 600 is the first super-midsize jet with full fly-by-wire technology, which powers the Active Turbulence Reduction that not only makes every flight the smoothest but also the most efficient possible.

Follow us on Twitter: @Embraer

Azul Says Rivals Blocked Carrier From Profitable Route

SAO PAULO, May 9 (Reuters) – Brazilian airline Azul SA’s chief executive said on Thursday that its two larger competitors had barred the carrier from providing a competing air shuttle service on the highly profitable Sao Paulo to Rio de Janeiro route.

“Essentially what they did was they had a shutdown plan to keep us out,” CEO John Rodgerson told Reuters in an interview, referring to competitors Gol Linhas Aereas Inteligentes and LATAM Airlines Group.

The comments come weeks after Azul engineered a plan to break into the Sao Paulo-Rio de Janeiro route, by far the most transited in South America, but it fell apart after Gol and LATAM intervened.

The three airlines have been disputing the airport rights set to be left behind by their struggling competitor Avianca Brasil, which was scheduled to auction the routes this week as part of a bankruptcy process.

Azul, Brazil’s No. 3 airline, initially reached a deal with Avianca Brasil, but a few weeks later Gol and LATAM reached a different deal with Avianca Brasil’s key creditors, which was ultimately approved and sidelined Azul.

Both plans hinged on a successful Avianca Brasil bankruptcy auction, but the event was recently suspended indefinitely, meaning that even Gol and LATAM may not be able to get the airport rights they had agreed to buy.

“I don’t think they ever had the intention of closing on the deal,” Rodgerson said of Gol and LATAM’s agreement with Avianca Brasil.

Gol and LATAM have previously denied any anti-competitive stance.

Brazil’s antitrust regulator CADE said in April that it was concerned about a potential takeover by Brazil’s two major airlines, and that it preferred to see Azul or a new airline take over Avianca Brasil’s airport rights.

The rift also led Azul to leave Brazil’s airline industry group, known as ABEAR, late last month.

“I think the way they acted was inappropriate and not in the best interest of the industry,” Rodgerson said. “I don’t think we share the same values.”

Rodgerson gave the interview as part of Azul’s first quarter results announcement, in which higher operational costs weighed significantly, sending profits down 20% to 137.7 million reais ($35.06 million), despite significantly higher revenue compared to the same period last year.

While revenue grew 16% to 2.5 billion reais, personnel costs surged 37% amid continued expansion at the company, as well as the expiration of a payroll tax incentive.

“It’s kind of the new norm,” Rodgerson said.

Fuel costs also increased significantly, while other undisclosed costs jumped 34% to 224 million reais in the period.

Azul and its Brazilian competitors have faced higher costs in recent quarters due to the continued depreciation of the local currency, the real. While passengers buy their tickets in reais, many of the airline’s expenses, such as fuel, are denominated in the stronger U.S. dollar.

($1 = 3.9393 reais)

(Reporting by Marcelo Rochabrun; editing by Bernadette Baum and Bill Trott)

Brazil Airline Azul’s Profits Drop 20% on Higher Expenses

SAO PAULO, May 9 (Reuters) – Higher operational costs weighed on Brazil’s No. 3 airline, Azul SA, sending profits in the first quarter down 20% to 137.7 million reais ($35.06 million), despite significantly higher revenue compared to the same period last year.

While revenue grew 16% to 2.5 billion reais, personnel costs surged 37% amid continued expansion at the company.

Fuel costs also increased significantly, while other undisclosed costs jumped 34% to 224 million reais in the period.

Azul and its Brazilian competitors have faced higher costs in recent quarters due to the continued depreciation of the local currency, the real. While passengers buy their tickets in reais, many of the airline’s expenses, such as fuel, are denominated in the stronger U.S. dollar.

Earlier this year, Azul signed a tentative deal that ultimately fell through to take over a set of coveted domestic routes that were to be auctioned off by its rival Avianca Brasil, which is going through a bankruptcy protection process.

The routes were then set to go to its two larger competitors, Gol Linhas Aereas Inteligentes and LATAM Airlines Group, dealing a blow to Azul as it had hoped to break into the lucrative Sao Paulo-Rio de Janeiro route.

That route is currently dominated by Gol and LATAM and is considered to be among the most profitable in the country.

At the last minute, a judge indefinitely suspended Avianca’s auction which was due earlier this week.

($1 = 3.9273 reais) (Reporting by Marcelo Rochabrun; Editing by Bernadette Baum)

Avianca Brazil Gives Up 18 Planes, Cancels 1,045 Flights

RIO DE JANEIRO (AP) — Avianca Brasil canceled more than 1,045 domestic flights this week because it has to return 18 aircraft to leasing agencies.

Brazil’s National Aviation Agency said the planes needed to be returned Monday to avoid affecting Holy Week holiday passengers. Customers can either get refunds for canceled flights or rebook through partner airlines.

Avianca Brasil declined to say how many planes it has left. But the G1 news portal reports that the airline has just seven planes still in its fleet.

On April 1, the airline canceled several international routes from Sao Paulo to New York, Miami and Santiago, Chile.

Avianca Brasil filed for bankruptcy in December after failing to pay leases on its aircraft. The airline, formerly known as Ocean Air, has licensed the name Avianca since 2010 from Colombian carrier Avianca Holdings SA. They are separate companies with the same owners: brothers German and Jose Efromovich. The latter is being investigated for allegedly failing to pay airport fees in Salvador airport in northeastern Brazil.

A company representative from Avianca’s headquarters in Colombia stressed that the Brazilian company is independent from Avianca Holdings group, both operationally and financially. The company said in a statement that flights operated by Avianca Holdings SA from hubs in Bogota and Lima, Peru, to destinations in Brazil will not be affected by the Avianca Brasil cancellations.

Airbus A320 Neo of Avianca at GRU Airport – Guarulhos International Airport, Sao Paulo, Brazil – 2017

Embraer Praetor 600 Business Jet Outperforms on Certification

São Paulo, Brazil, April 18, 2019 – Embraer announces that the company’s new Praetor 600 super-midsize business jet was granted its Type Certificate by Brazil’s Civil Aviation Authority (ANAC—Agência Nacional de Aviação Civil), having been announced in October 2018 at NBAA-BACE and becoming the only super-midsize business jet to be certified since 2014.

The Praetor 600 is the best performing super-midsize jet ever developed, surpassing all its main design goals and becoming capable of flying beyond 4,000 nautical miles in long-range cruise speed or beyond 3,700 nautical miles at Mach .80 from runways shorter than 4,500ft, complemented by an outstanding payload capability.

“Our engineering and program teams have outperformed again by passionately designing, developing and certifying the class-leading Praetor 600 business jet, exceeding specifications and expectations, and ahead of schedule,” said Paulo César Souza e Silva, Embraer CEO. “This advanced aircraft reflects not only our journey of innovation, it is also a preview of the future of this great company.”

“The most disruptive and technologically advanced super-midsize business jet has arrived. The Praetor 600 will fascinate our customers with the highest performance, technology and comfort in its class and raise the customer experience to an unprecedented level,” said Michael Amalfitano, President & CEO, Embraer Executive Jets. “I want to thank and congratulate the Embraer family for bringing to market an aircraft that will create true value for customers and shareholders alike.”

The Praetor 600 is now the farthest-flying super-midsize jet, able to make nonstop flights between London and New York, São Paulo and Miami, Dubai and London. With four passengers and NBAA IFR Reserves, the Praetor 600 has an intercontinental range of 4,018 nautical miles (7,441 km). Take Off Field Length for such a mission is only 4,436 ft (1,352 m). At M0.80, range is 3,719 nm (6,887 km) with four passengers and NBBA IFR Reserves.

The Praetor 600 is the first super-midsize jet with full fly-by-wire technology, which powers the Active Turbulence Reduction that not only makes every flight the smoothest but also the most efficient possible.

The Embraer DNA Design interior eloquently explores every dimension of the only super-midsize to feature a six-foot-tall, flat-floor cabin, stone flooring and a vacuum service lavatory, all in the same certified aircraft. The class-exclusive Active Turbulence Reduction and 5,800-foot cabin altitude, complemented by a whisper silent cabin, have set the highest standards in customer experience in the super-midsize category. In addition to the full-service galley and a wardrobe, eight fully reclining club seats may be berthed into four beds, and the baggage space is the largest in the class.

Advanced technology throughout the cabin is also a trait of the Embraer DNA Design, beginning with the industry-exclusive Upper Tech Panel that displays flight information and offers cabin management features also available on personal devices through Honeywell Ovation Select. High-capacity, ultra high-speed connectivity for all aboard is available through Viasat’s Ka-band, with speeds of up to 16Mbps and unlimited streaming, another industry-exclusive in super-midsize jets.

The Praetor 600 features Collins Aerospace’s newest edition of the acclaimed Pro Line Fusion flight deck. Capabilities such as the industry-first vertical weather display, air-traffic-control-like situational awareness with ADSB-IN, predictive wind shear radar capability, as well as Embraer Enhanced Vision System (E2VS) with a Head-up Display (HUD) and an Enhanced Video System (EVS), an Inertial Reference System (IRS) and a Synthetic Vision Guidance System (SVGS) are some of the highlights on the Praetor 600 flight deck.

SPECIFICATIONS CERTIFIED AIRCRAFT DESIGN GOALS
Range 4 pax @ LRC(1) 4,018 nm / 7,441 km 3,900 nm / 7,223 km
Range 4 pax @ M0.80(2) 3,719 nm / 6,888 km 3,605 nm / 6,676 km
Takeoff distance @ 4 pax / full fuel(3) 4,436 ft / 1,352 m 4,458 ft / 1,359 M
Takeoff distance @ MTOW(4) 4,717 ft / 1,438 m 4,800 ft / 1,463 m
Unfactored landing distance(5) 2,165 ft / 660 m 2,270 ft / 692 m
Maximum operating altitude 45,000 ft / 13,716 m 45,000 ft / 13,716 m
Maximum payload(6) 4,001 lb / 1,815 kg 4,001 lb / 1,815 kg
(1) NBAA IFR reserves; 200 nm alternate; 4 pax @ 200 lbs each; baseline aircraft; LRC (Long Range Cruise)
(2) NBAA IFR reserves; 200 nm alternate; 4 pax @ 200 lbs each; baseline aircraft; M0.80
(3) SL; ISA ; full fuel; 4 pax @ 200 lbs each; NBAA IFR reserves; 200 nm alternate; baseline aircraft;
(4) SL; ISA; MTOW
(5) SL; ISA ; 4 pax @ 200 lbs each; NBAA IFR reserves; 200 nm alternate; baseline aircraft
(6) Baseline aircraft

Follow us on Twitter: @Embraer

Brazil’s Gol Will Not Cancel Boeing 737 MAX Order

FILE PHOTO: An aircraft of Gol Linhas Aereas Inteligentes SA departs from Congonhas airport in Sao Paulo, Brazil September 11, 2017. REUTERS/Paulo Whitaker

SAO PAULO (Reuters) – Brazil’s largest airline, Gol Linhas Aereas Inteligentes, will not cancel its orders of Boeing Co’s 737 MAX plane, the model which was involved in two fatal crashes, newspaper Valor Economico reported Gol’s chief executive as saying on Tuesday.

“We will not cancel our orders,” CEO Paulo Kakinoff said. “The 737 MAX is probably the best airplane ever made.”

Gol is going through a significant fleet transformation and has bet heavily on the Boeing 737 MAX, with over 100 planes scheduled to be delivered in the next few years.

The airline has so far received seven aircraft, which it grounded after an Ethiopian Airlines plane crashed in March, the second accident involving that plane model in a span of five months.

Kakinoff added that he thinks it is possible that the 737 MAX planes will fly again by July. That decision is in the hands of regulators around the world.

Gol has flown Boeing planes exclusively since its founding and is the U.S. planemaker’s largest client in Latin America.

(Reporting by Marcelo Rochabrun; Editing by Lisa Shumaker and Susan Thomas)

Embraer Announces CEO Succession

Paulo Cesar de Souza e Silva concludes his tenure at the end of April and will support the transition process of the company as Senior Advisor of the Board of Directors.

São Paulo, Brazil, March 18, 2019 – Embraer, following shareholder approval of the transaction with Boeing, announces that the current President and CEO of the company, Paulo Cesar de Souza e Silva, concludes a successful professional cycle with the company on April 22, 2019 which is the end of his current two year elected term.

“Paulo Cesar idealized the partnership with Boeing and led the negotiation process of the transaction that will bring Embraer and Brazil to a much more competitive and prominent level in the global aviation industry,” said Alexandre Silva, Chairman of the Board.

For 22 years at Embraer, Paulo Cesar came from the financial market to structure the company’s sales financing area. For six years he was President and CEO of Commercial Aviation and in 2013 launched the E2 Program, the medium-sized commercial jets considered today to be the most efficient in the market.

In 2016, Paulo Cesar became President and CEO of the Embraer Group, with a mission to make the company more efficient, competitive and better prepared to face structural changes in the global aviation market.

His administration established three key initiatives focused on value creation and the sustainability of the company. The first was the transaction with Boeing. The second was the creation of the Passion for Excellence program, a structural transformation project focused on reducing costs and increasing operational efficiency, generating significant annual recurring savings. The third was the creation of EmbraerX, responsible for disruptive innovation and the development of opportunities for the future, such as eVTOL (electric vertical take-off and landing vehicle), a project that will revolutionize urban transport in partnership with Uber.

“Without the support of the Board and Embraer’s 18,000 employees and colleagues, none of our achievements would have been possible”, noted Paulo Cesar. “We are challenged to remain at the forefront of engineering and operations. In Executive Aviation and Defense, and with the KC 390 joint venture with Boeing, we will expand our international competitiveness and everything indicates that we will have another 50 years of success ahead.” And he added: “I am sure that the new leadership of the company will find fertile ground ahead to expand and consolidate Embraer.”

Paulo Cesar was invited to be a Senior Advisor to the Board, with the task of facilitating the integration of the future President and CEO and advising the Board on the monitoring of assets and resources segregation, an integral part of the process of concluding the partnership with Boeing. As it was reported, 96.8% of Embraer’s shareholders approved an agreement with the North American company last February, which should be concluded after obtaining all approvals of the Regulatory and Competitive Agencies in Brazil and abroad.

Embraer also informs that the future President and CEO, to be elected for the next term, will be recruited externally and announced on or before the Ordinary General Assembly on April 22nd.

Follow us on Twitter: @Embraer

About Embraer

Embraer is a global company headquartered in Brazil with businesses in commercial and executive aviation, defense & security. The company designs, develops, manufactures and markets aircraft and systems, providing customer support and services. Since it was founded in 1969, Embraer has delivered more than 8,000 aircraft. About every 10 seconds an aircraft manufactured by Embraer takes off somewhere in the world, transporting over 145 million passengers a year.

Embraer is the leading manufacturer of commercial jets up to 150 seats. The company maintains industrial units, offices, service and parts distribution centers, among other activities, across the Americas, Africa, Asia and Europe.


Boeing CFO Greg Smith (left), Boeing CEO Dennis Muilenburg (center), and Embraer CEO Paulo Cesar Silva

Story and images from http://www.embraer.com

Embraer Says Key Vote on Boeing Tie-up May Proceed

SAO PAULO (Reuters) – Brazilian planemaker Embraer said on Tuesday a key shareholder meeting to vote on the sale of 80 percent of its commercial aviation business to Boeing Co could proceed as scheduled on Tuesday, after it got an injunction overturned.

A federal judge had suspended the meeting on Friday at the request of a union representing some Embraer workers which had lobbied against the deal, partly on concerns Boeing would slash jobs if the tie-up was approved.

Shares in Embraer surged 3 percent in early Sao Paulo trading on news the meeting would take place.

Last-minute legal twists are common in Brazil, and Embraer had already overturned several injunctions that temporarily blocked the deal.

Under the proposed terms, Boeing will pay $4.2 billion to control Embraer’s most profitable division, its commercial aviation business.

The deal will provide a cash influx that the Brazilian planemaker has defended as crucial to its survival as increased competition between Boeing and Airbus squeezes out smaller rivals.

“The potential operation with Boeing will save Embraer,” lawyers for the Brazilian planemaker said in July in a court filing as it battled an earlier challenge to the deal.

But critics say the arrangement will leave Embraer weaker and financially dependent on its two remaining divisions, executive jets and defense, both of which have posted losses in recent quarters.

Foreign shareholders, who own a tiny slice of the company, overwhelmingly voted to approve the deal.

Brazil’s securities regulator late on Monday denied a separate request filed by minority shareholders to suspend the shareholder meeting.

Embraer’s union has vowed to protest the meeting, which will be held at the planemaker’s headquarters in the city of Sao Jose dos Campos. The union’s plans prompted Embraer to seek legal restrictions of its own.

A judge sided with Embraer last week, allowing Brazil’s military police to safeguard the planemaker’s premises while the meeting takes place.

The deal has already been approved by Brazil’s government, which holds veto power over important business decisions at Embraer, which was a state company until its privatization in the 1990s.

(Reporting by Marcelo Rochabrun in Sao Paulo; Additional reporting by Gram Slattery in Rio de Janeiro; Editing by Jason Neely, Keith Weir and Bernadette Baum)

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