John Slattery to lead €3.7bn Boeing-Embraer joint venture - News Summed Up

John Slattery to lead €3.7bn Boeing-Embraer joint venture


Irishman John Slattery is poised to lead a €3.7 billion joint venture between aircraft manufacturers Boeing and Embraer. Boeing on Wednesday named Mr Slattery as president and chief executive of the commercial aviation and services joint venture, subject to ratification by the new company’s board once the transaction has closed. Mr Slattery predicted that Boeing’s backing would boost sales and help win new customers for Embraer’s commercial aircraft. “A significant proportion of them will move to the new company,” Mr Slattery noted. Boeing and Embraer’s defence businesses are forming a separate joint venture.


Source: The Irish Times March 20, 2019 13:19 UTC



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