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Boeing–Embraer Joint Venture
Boeing Brasil–Commercial was a proposed, but failed joint venture between Boeing and Embraer to design, build, and sell commercial airliners worldwide. The partnership was established in February 2019, after Boeing agreed to purchase an 80% stake in Embraer's commercial aircraft division. The deal was approved by Embraer's shareholders and was expected to close in June 2020 pending antitrust reviews, but in April 2020 Boeing terminated the joint venture deal due to impact of the 2019–20 coronavirus pandemic on aviation and market uncertainty. Embraer alleges that the financial impact of the Boeing 737 MAX groundings contributed to the demise of the deal, while others allege that U.S. labor and political considerations played a role. History In December 2017, ''The Wall Street Journal'' reported Boeing had been in takeover talks with Embraer and was planning to offer more than the Brazilian company's $3.7 billion market value and was awaiting Brazilian government approv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embraer E-Jet
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-specifi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brazilian Government
The politics of Brazil take place in a framework of a federal presidential representative democratic republic, whereby the President is both head of state and head of government, and of a multi-party system. The political and administrative organization of Brazil comprises the federal government, the 26 states and a federal district, and the municipalities. The federal government exercises control over the central government and is divided into three independent branches: executive, legislative and judicial. Executive power is exercised by the President, advised by a cabinet. Legislative power is vested upon the National Congress, a two-chamber legislature comprising the Federal Senate and the Chamber of Deputies. Judicial power is exercised by the judiciary, consisting of the Supreme Federal Court, the Superior Court of Justice and other Superior Courts, the National Justice Council and the Regional Federal Courts. The states are autonomous sub-national entities wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Synergy
Corporate synergy refers to a financial benefit that a corporation expects to realize when it merges with or acquires another corporation. Corporate synergy occurs when corporations interact congruently with one another, creating additional value. Synergies are divided into two groups: operational (revenue enhancement and cost reduction) and financial (decrease in cost of capital, tax benefits). Seeking for synergies is a nearly ubiquitous feature and motivation of corporate mergers and acquisitions and is an important negotiating point between the buyer and seller that impacts the final price both parties agree to. The synergy value should not be confused with the control premium; these metrics should be calculated separately. Positive synergies arise when the combined corporation will bring about better results than the two independent corporations, as in the saying "the whole is better than the sum of the parts". If the corporations do not do due diligence, negative synergies m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embraer E-Jet E2 Family
The Embraer E-Jet E2 family are medium- range jet airliners developed by Embraer, succeeding the original E-Jet. The program was launched at the Paris Air Show in 2013. The first variant, the E190-E2, took its first flight on 23 May 2016 and was certified on 28 February 2018 before entering service with Widerøe on 24 April. The three twinjet variants share the same four-abreast narrow-body fuselage with different lengths and three different new wings, Pratt & Whitney PW1000G turbofans in two sizes, fly-by-wire controls with new avionics, and an updated cabin. Development Background In 2010, it appeared possible Embraer could directly challenge the Bombardier CSeries (now A220) with a clean-sheet five-abreast design for 100 to 150 passengers. When that market segment grew more competitive with the announcement of the Airbus A320neo and the Boeing 737 MAX, Embraer had instead committed to producing new variants of its E-Jet family of regional jets by the time of the Novem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embraer E-Jet Family
The Embraer E-Jet family is a series of four-abreast narrow-body short- to medium-range twin-engine jet airliners designed and produced by the Brazilian aerospace manufacturer Embraer. The E-Jet was designed as a complement to the preceding ERJ family, Embraer's first jet-powered regional jet; designed to carry between 66 and 124 passengers, it was larger than any prior aircraft built by the company. The project's existence was revealed in early 1997, and was formally introduced at the Paris Air Show two years later. On 19 February 2002, the first prototype E-Jet conducted its maiden flight; later that year, quantity production of the type commenced. In early March 2004, the first E170 deliveries were made to LOT Polish Airlines. The E-Jet series has been a commercial success primarily due to its ability to efficiently serve lower-demand routes while offering many of the same amenities and features of larger jets. Initial teething issues, including hydraulic and engine-speci ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embraer ERJ Family
The Embraer ERJ family (for Embraer Regional Jet, model names EMB-135, EMB-140 and EMB-145) are regional jets designed and produced by the Brazilian aerospace company Embraer. The family includes the ERJ135 (37 passengers), ERJ140 (44 passengers), and ERJ145 (50 passengers), as well as the Legacy 600 business jet and the R-99 family of military aircraft. Development of the EMB145 was launched during 1989, its early design took the form of a turbofan-powered stretch of the existing turboprop-powered EMB 120 Brasilia feederliner. After the project was temporarily suspended in 1990, work on a revised configuration was undertaken during the early 1990s. While retaining the three-abreast seating of the Brasilia, the twinjet has a new swept wing and is powered by two rear-fuselage-mounted AE3007 turbofans for a range up to . By the time of its maiden flight on 11 August 1995, Embraer had garnered 18 firm orders, 16 options and 127 letters of intent for the type. On 10 December 1996, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airliner
An airliner is a type of aircraft for transporting passengers and air cargo. Such aircraft are most often operated by airlines. Although the definition of an airliner can vary from country to country, an airliner is typically defined as an airplane intended for carrying multiple passengers or cargo in commercial service. The largest of them are wide-body jets which are also called twin-aisle because they generally have two separate aisles running from the front to the back of the passenger cabin. These are usually used for long-haul flights between airline hubs and major cities. A smaller, more common class of airliners is the narrow-body or single-aisle. These are generally used for short to medium-distance flights with fewer passengers than their wide-body counterparts. Regional airliners typically seat fewer than 100 passengers and may be powered by turbofans or turboprops. These airliners are the non- mainline counterparts to the larger aircraft operated by the major c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Strategic Partnership
A strategic partnership (also see strategic alliance) is a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Strategic partnerships can take on various forms from shake hand agreements, contractual cooperation's all the way to equity alliances, either the formation of a joint venture or cross-holdings in each other. Typically, two companies form a strategic partnership when each possesses one or more business assets or have expertise that will help the other by enhancing their businesses. This can also mean, that one firm is helping the other firm to expand their market to other marketplaces, by helping with some expertise. According to Cohen and Levinthal a considerable in-house expertise which complements the technology activities of its partner is a necessary condition for a successful exploitation of kno ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Airways Embraer ERJ-170; G-LCYF@ZRH;22
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English British English (BrE, en-GB, or BE) is, according to Lexico, Oxford Dictionaries, "English language, English as used in Great Britain, as distinct from that used elsewhere". More narrowly, it can refer specifically to the English language in ..., the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707– ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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