After several conducted investigation, Embraer was found liable of $205M for bribery.
Embraer SA
Breaking News
A successful maiden flight of Japanese jet marks the new era of Japanese aircraft industry. Mitsubishi Regional Jet made its debut on Wednesday in Nagoya Airport, Japan.
The aerospace industry is shifting more manufacturing investment to the United States after a decade in which production jobs in the sector flowed to China and other emerging economies, according to a new study.
Embraer SA , the world's largest regional aircraft maker, will set up a 131 million real ($59 million) investment fund for projects in the Brazilian aerospace industry alongside a number of state entities, according to a securities filing on Wednesday.
Textron Inc., the maker of Cessna planes, reportedly agreed to takeover aircraft manufactured Beechcraft Corporation for $1.4 billion. Beechcraft has put up itself for sale after emerging from a bankruptcy protection earlier this year.
A report by Bloomberg said at least three companies had been eyeing to acquire US planemaker Beechcraft Corp.
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- SSI Payment for May 2024: Supplemental Security Income Recipients to See Double Amount in Payout
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Walmart Founder's Son Rob Walton to Step Down From Board
- JPMorgan CEO Warns of Economic Risks Amid Biden's 'Huge' Deficit Spending, Questions Likelihood of 'Soft Landing'
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
