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The proposed joint venture would have control over the Embraer civil aircraft design and manufacturing business — the third-largest in the world after Boeing and Airbus.

Boeing, Embraer Negotiating Final Terms for Joint Venture

The two jet builders are seeking an agreement with the Brazil government, concerning control of Embraer’s single-aisle commercial jet business

The Boeing Co and Embraer SA are reportedly closing in on a final agreement with the Brazilian government that would result in joint-venture ownership for the Embraer commercial aircraft business – a prospect that developed late last year.

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