Embraer and Boeing have signed a cooperation agreement to work together in ways that enhance operational efficiency, safety and productivity, improve customer satisfaction and create value for both companies and their customers.
Frederico Curado, President and CEO of Embraer, and Jim Albaugh, President and CEO of Boeing Commercial Airplanes, signed the agreement during the visit of Brazil's President to the United States and following the annual meeting of the US-Brazil CEO Forum, a public-private partnership between the United States and Brazilian Governments which brings together chief executive officers from both countries. Curado and Albaugh are co-chairs of the CEO Forum's aviation subcommittee.
Boeing and Embraer have agreed to pursue several areas of cooperation, including commercial aircraft features that enhance safety and efficiency, research and technology and sustainable aviation biofuels. They will also look for other areas to work together to bring mutual benefit and value to customers.
"This significant agreement between two proven aerospace leaders provides real opportunities to reduce customers' operational costs and enhance fleet efficiency," said Albaugh. "We look forward to working with Embraer to grow our industry and build a productive relationship that will benefit our companies and our countries."
"Embraer has a clear commitment towards innovation lato sensu as well as aviation safety and efficiency," said Curado. "I am certain that the collaboration with Boeing in some leading-edge matters will be beneficial for the industry and strengthen the ties between Brazil and the United States."