Embraer and Boeing Still at It!

A deal or "redo” in April is still an aviation Item. It is reported Embraer will come to terms with Boeing for its "E" series of aircraft such as its E-172, CNBC: “Embraer Chief Executive Francisco Gomes Neto said it was still early to discuss such opportunities as the company is studying a new five-year plan. He added that partnerships could involve products, engineering, and production.” 

 • Brazilian planemaker Embraer said it expects to sign new strategic partnerships in the future. 

 • The announcement comes after Boeing abruptly canceled a deal in April to take over the company’s commercial jet division. 

 • Embraer Chief Executive Francisco Gomes Neto said it was still early to discuss such opportunities as the company is studying a new five-year plan. 

Motley Fool: 

 “Embraer was left at the altar by Boeing and is now attempting to find a new partner for that $4 billion deal. Triumph is attempting to shed poor-performing businesses after years of underwhelming results but faces uncertain demand for the remaining units it would like to sell. GE has cut its overall workforce by about 10%, but some bears argue the company's cash issues are even worse than investors realize.”