Boeing has said that it will rename Embraer SA’s passenger jet unit, which it recently took over, and will call the division Boeing Brasil – Commercial. In a deal worth $4.2 billion, Boeing bought 80% of Embraer’s operation making passenger jets – with Embraer retaining a 20% stake. There has been no decision made by Boeing about whether to change the small and mid-sized planes. On completion, Embraer will still exist as a company focused on executive jets and defence. The deal with Boeing has been approved by shareholders but is still waiting on regulatory approval. When the deal was

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