Boeing Ends Deal, Angering Brazilian Jet Maker Embraer

Boeing Ends Deal, Angering Brazilian Jet Maker Embraer
The company logo for Boeing is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 11, 2019. Brendan McDermid/Reuters, File Photo
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CHICAGO—Boeing announced Saturday it terminated an agreement to join forces with Embraer, prompting an angry response from the Brazilian jet maker, which threatened to seek damages.

The pair had planned to work together on Embraer’s commercial aviation business and to develop new markets for its C-390 Millennium aircraft. They had been working toward an agreement for two years.