Boeing, Embraer tie-up key to NMA development

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Introduction
July 9, 2018, © Leeham News: When Boeing and Embraer announced last week the Memorandum of Understanding to form a joint venture between Boeing and Embraer Commercial Airplanes, writers and analysts jumped on the bandwagon that LNC pointed out as far back as last year.
Summary
This is:
  • A strategic play;
  • About Embraer’s engineers and low-cost production in Brazil;
  • About tapping Embraer’s resources for development of the potential Boeing New Midmarket Aircraft; and
  • About EMB’s potential lead in developing a new single-aisle aircraft to replace the 737, among other things.
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