{"id":7375,"date":"2020-01-27T20:13:36","date_gmt":"2020-01-28T02:13:36","guid":{"rendered":"http:\/\/planesintheair.com\/?p=7375"},"modified":"2020-01-27T20:13:36","modified_gmt":"2020-01-28T02:13:36","slug":"brazil-antitrust-regulator-gives-nod-to-boeing-embraer-deal","status":"publish","type":"post","link":"https:\/\/planesintheair.com\/?p=7375","title":{"rendered":"Brazil Antitrust Regulator Gives Nod to Boeing-Embraer Deal"},"content":{"rendered":"\n
\"\"
The Boeing logo is displayed on a screen, at the NYSE in New York<\/figcaption><\/figure>\n\n\n\n

BRASILIA (Reuters) – Brazilian antitrust regulator Cade on Monday approved Boeing Co’s <BA<\/a>> purchase of Embraer SA’s <ERJ<\/a>> commercial aviation division without restrictions, according to a statement on the agency’s website.<\/p>\n\n\n\n

Cade’s top administrative council could still call for a reconsideration of the case, putting the matter to a vote.<\/p>\n\n\n\n

The companies welcomed the move on Monday, with Boeing saying it remained confident of getting approval from the European Commission, the last hurdle to the transaction.<\/p>\n\n\n\n

The European Union has set an April 30 deadline to decide on the deal.<\/p>\n\n\n\n

Boeing has offered to pay $4.2 billion for 80% of Embraer’s commercial jet division, which builds passenger jets in the 70- to 150-seat segment.<\/p>\n\n\n\n

That puts it in direct competition with next-generation jets designed by Bombardier Inc <BBD-B.TO<\/a>> and acquired by Europe’s Airbus SE <EADSY<\/a>>, which rebranded them the A220 program.<\/p>\n\n\n\n

(Reporting by Ricardo Brito; additional reporting by Kanishka Singh; Writing by Jake Spring; Editing by Sandra Maler, Marguerita Choy and Aditya Soni)<\/p>\n\n\n\n

\"\"
E2-195 plane with Brazil’s No. 3 airline Azul SA logo is seen during a launch event in Sao Jose dos Campos<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Brazilian antitrust regulator Cade on Monday approved Boeing Co’s purchase of Embraer SA’s commercial aviation division without restrictions, according to a statement on the agency’s website.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4510,89,799,9283,5637,5992,6875,2203,4957,5676,1397,868],"tags":[1262,3039,47,420,4198,3005,4674,160,41,52,691,184,687,1563,3516,2494,5351,6883,447,8104,6044,1277,168,1180,1182,1898,412,1181,1685,2169,2096,3871,1699,1288,3535,3791,1691,1658,9835],"class_list":["post-7375","post","type-post","status-publish","format-standard","hentry","category-aerospace-news","category-aviation-news","category-boeing-news","category-brazil-news","category-business-news","category-economic-news","category-embraer-news","category-finance-news","category-global-politics","category-international-news","category-stock-news","category-transportation-news","tag-a220","tag-acquired","tag-airbus","tag-airline","tag-antitrust","tag-approval","tag-approve","tag-aviation","tag-boeing","tag-bombardier","tag-brasilia","tag-brazil","tag-brazilian","tag-commercial","tag-commission","tag-competition","tag-confident","tag-council","tag-deal","tag-designed","tag-direct","tag-division","tag-embraer","tag-european","tag-generation","tag-jets","tag-news","tag-next","tag-passenger","tag-program","tag-purchase","tag-regulator","tag-restrictions","tag-reuters","tag-statement","tag-transaction","tag-transport","tag-transportation","tag-without"],"_links":{"self":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7375"}],"version-history":[{"count":1,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7375\/revisions"}],"predecessor-version":[{"id":7378,"href":"https:\/\/planesintheair.com\/index.php?rest_route=\/wp\/v2\/posts\/7375\/revisions\/7378"}],"wp:attachment":[{"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/planesintheair.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}