An Embraer E190-E2 jet (Photo: Embraer)

Brazilian Government Approves Boeing-Embraer Joint Venture

Brazilian President Jair Bolsonaro finally gave his approval for the purchase of  Embraer's Commercial Aviation division by The Boeing Company in a deal valued at $4.2 billion. The announcement was made after the closing of stock markets in both Brazil and the United States on Monday. Although it does not have control of Embraer, the Brazilian government holds a golden share that gave it the right to veto the deal. Just a few days ago, there were speculations regarding Bolsonaro's…