Boeing “wrongfully” terminates deal to buy Embraer Commercial Division for $4.2B

Boeing "wrongfully" terminates deal to buy Embraer Commercial Division for $4.2B Today in a recent Press Release sent out by Boeing (NYSE: BA), they annoucned that they have officially terminated its Master Transaction Agreement (MTA) with Embraer (NYSE: ERJ). The agreement would have brought the two companies together to establish a strategic partnership. The two …

Boeing Production of 737-MAX at Risk of Coming to a Halt.

Boeing said late on Sunday the company "will continue to assess production decisions based on the timing and conditions of return to service, which will be based on regulatory approvals and may vary by jurisdiction." This may be the first time in over 20 years that Boeing would completely halt the production line of the …