SAO PAULO: Aviation giants Boeing and Embraer will push on with their proposed merger after Brazil President Jair Bolsonaro confirmed on Thursday he would not oppose the move.
The two companies had announced in July that American Boeing would take control of Brazilian Embraer’s commercial airplane manufacturing business but the deal hit a snag last week when Bolsonaro, who was sworn in as president on January 1, expressed concerns over the deal.
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