Boeing rompe contrato de 4,2 bilhões de dólares com Embraer e sindicato pede reestatização da empresa

Boeing Breaks $4.2 Billion Contract With Embraer, Union Calls for Re-nationalization of the Company

Written by Flavia Marinho

Published on 27/04/2020 at 14:27

Boeing rompe contrato de 4,2 bilhões de dólares com Embraer e sindicato pede reestatização da empresa

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The partnership between Boeing and Brazilian manufacturer Embraer was canceled 21 months after it was announced. The two companies exchanged accusations after the American company released a statement saying it had pulled out of the deal valued at US$ 4.2 billion. Earlier this month, the company extended the suspension of employees at its factories in Brazil with collective vacations

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According to government sources, the coronavirus pandemic was the main cause for the end of the agreement between Boeing and Embraer.

The partnership between the companies would create a new enterprise in the commercial aviation sector — Boeing Brasil-Commercial —, in which Embraer would hold 20% and the Americans 80%.

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China, A Possible Partner for Embraer

Analysts at Swiss bank UBS, Myles Walton, Louis Raffeto, and Emilee Deutchman do not rule out that China could lead a Chinese company to seek an agreement with the Brazilian manufacturer.

“We believe that China still aspires to a position of global aerospace leadership and, in our opinion, the ERJ would be important as a product, in addition to bringing Embraer’s experience in a global service and support network.

Union Advocates Re-nationalization to Save Embraer

The Metalworkers’ Union of São José dos Campos requested on Saturday (25) the re-nationalization of the Brazilian company.

Additionally, the entity stated that the government should guarantee jobs for the company’s workers.

The union emphasized that it has always opposed the sale of Embraer, which, according to the entity, is “a strategic national asset for the country and does not need an alliance with international partners to survive”.

“We advocate that the Brazilian government fulfill its role in favor of our sovereignty and re-nationalize Embraer so that, in light of the collateral effects that will arise from the breakdown of the agreement, exacerbated by the economic consequences caused by the coronavirus pandemic, the jobs and rights of the workers are fully preserved”, says the union’s statement.

Boeing Breaks $4.2 Billion Contract With Embraer, Union Calls for Re-nationalization of the Company

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China, A Possible Partner for Embraer

Union Advocates Re-nationalization to Save Embraer

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Boeing Breaks $4.2 Billion Contract With Embraer, Union Calls for Re-nationalization of the Company

Read Also

China, A Possible Partner for Embraer

Union Advocates Re-nationalization to Save Embraer

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

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The largest precious metals mine under construction in the world is situated on a layer of ore 25 times thicker than common mines in South Africa, and has just connected a third shaft that will quintuple the extraction of platinum, palladium, and gold.

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Bolivia requests a plane from the Lula government to distribute humanitarian aid amid protests, roadblocks, fuel shortages, and food scarcity in cities like La Paz.

Helicopters drop 9,000 discarded Christmas trees into New Orleans swamps to transform discarded trunks into natural barriers, rebuild nearly 330 football fields of wetlands, and strengthen the city’s defense against waves, erosion, and hurricanes.

How much would a Toyota Corolla cost without tax in Brazil? A mid-size sedan priced at R$ 171,000 could drop to around R$ 96,000, showing how much the tax burden weighs on the most desired car of the Brazilian middle class.