Poll: Do you expect the European Commission will ultimately approve the Boeing/Embraer commercial joint venture?

Approval of the Boeing-Embraer tie-up by staff at Brazil’s Administrative Council for Economic Defense (CADE) leaves a European Commission (EC) sign-off as the deal’s last major regulatory hurdle.

CADE’s administrative council can object to the approval within 15 days, forcing a vote by the body. If nothing is done, staff’s approval stands. 

CADE’s approval means Brazil joins a list of countries that have signed on to the deal that includes China, Japan and the United States. Talks with Europe have been going on for more than a year.

The EC last week confirmed that it paused its ongoing evaluation of the proposed tie-up, citing “missing information” from the applicants as the reason, without providing more details. The EC has been scrutinizing Embraer’s influence on the small narrowbody segment, and how a tie-up with Boeing might alter that competitive balance. 

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