# Embraer x Boeing (Commercial Aviation Joint Venture): partnership

Canonical ID: `1fa84608-7d55-45d9-a6ab-16874b9bb02c`

Boeing and Embraer established a joint venture in 2018-2019 for Boeing to acquire an 80% stake in Embraer's commercial aircraft division, valued at .2 billion. The partnership was terminated by Boeing in April 2020, reportedly due to the COVID-19 pandemic's impact on aviation. The joint venture would have produced and serviced Embraer's commercial airliners worldwide.

- **Type:** joint venture
- **Status:** dissolved
- **Verification posture:** verified

## Parties (2)

- [Embraer](https://registry.deploy.report/companies/embraer.md) co developer
- Boeing _(off-registry)_ investor partner

## Sources (1)

1. https://en.wikipedia.org/wiki/Boeing%E2%80%93Embraer_joint_venture


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