Editing Embraer (section)

===Failed Boeing-Embraer joint venture===
{{main|Boeing-Embraer joint venture}}

On July 5, 2018, a [[joint venture]] with Boeing was announced that would have resulted in Boeing owning 80% of Embraer's commercial aviation division.<ref name= 5jul2018PR>{{cite press release |title=Boeing and Embraer to Establish Strategic Aerospace Partnership to Accelerate Global Aerospace Growth |date=July 5, 2018 |url=http://boeing.mediaroom.com/2018-07-05-Boeing-and-Embraer-to-Establish-Strategic-Aerospace-Partnership-to-Accelerate-Global-Aerospace-Growth |publisher=Boeing}}</ref> This was seen as a reaction to Airbus' acquisition of a majority in the competing [[Bombardier CSeries]] the previous year.<ref>{{cite news |title=Boeing Is in Talks for Combination With Regional-Jet Maker Embraer |url=https://www.bloomberg.com/news/articles/2017-12-21/boeing-is-said-in-talks-to-acquire-embraer-wsj-reports |agency=Bloomberg |date=21 December 2017}}</ref> Under the 2018 plan, Embraer would retain its executive business jet and its [[Defence industry|defence business]].<ref name=Flight11oct2018>{{cite news |url=https://www.flightglobal.com/news/articles/embraer-boeing-agreement-lays-out-terms-of-proposed-452616/ |title=Embraer-Boeing agreement lays out terms of proposed joint venture |date=11 Oct 2018 |first=Jon |last=Hemmerdinger |work=Flightglobal}}</ref> The resulting division would be known as '''Boeing Brasil{{snd}}Commercial''', though it was unclear whether the aircraft would be rebranded as Boeing models.<ref>{{cite news |last1=Rochabrun |first1=Marcelo |title=Boeing drops Embraer name from Brazil commercial jet division |url=https://www.reuters.com/article/us-embraer-m-a-boeing/boeing-drops-embraer-name-from-brazil-commercial-jet-division-idUSKCN1ST2O7 |work=Reuters |date=May 23, 2019 |language=en}}</ref>

On November 18, 2019, Boeing and Embraer announced another joint venture, at 49% and 51% respectively, to promote and develop new markets for the C-390 Millennium tactical transport aircraft; the resulting entity would be called [[Boeing–Embraer joint venture#Boeing Embraer - Defense|Boeing Embraer – Defense]] and would begin operating after regulatory approvals and closing conditions.<ref>{{cite press release |url=https://boeing.mediaroom.com/2019-11-18-Boeing-Embraer-Defense-Joint-Venture-to-Develop-New-Markets-for-the-C-390-Millennium |title=Boeing Embraer – Defense Joint Venture to Develop New Markets for the C-390 Millennium |date=Nov 18, 2019 |publisher=Boeing}}</ref>

In April 2020, Boeing canceled its acquisition of Embraer's commercial operations after being heavily affected financially by the air crisis initiated by the [[COVID-19 pandemic]] and by the [[Boeing 737 MAX groundings|737 MAX groundings]].<ref>{{cite news |title=Pressões políticas e Covid-19 fazem Boeing desistir da compra da Embraer |url=https://veja.abril.com.br/economia/pressoes-politicas-e-covid-19-fazem-boeing-desistir-da-compra-da-embraer |website=Veja |language=pt |access-date=25 April 2020}}</ref><ref>{{cite news |title=Boeing rescinde acordo de compra da área da aviação comercial da Embraer |url=https://g1.globo.com/sp/vale-do-paraiba-regiao/noticia/2020/04/25/boeing-rescinde-acordo-comprar-area-da-aviacao-comercial-da-embraer.ghtml |website=G1 |language=pt |access-date=25 April 2020}}</ref><ref>{{Cite web |work=Flight global |url=https://www.flightglobal.com/aerospace/boeing-walks-away-from-embraer-tie-up/138076.article |title=Boeing walks away from Embraer tie-up}}</ref>

In November 2020, Embraer announced that its loss for the third quarter of the year is $121 million due to the COVID-19 pandemic and the travel restrictions.<ref>{{Cite news |author=Rochabrun |first1=Marcelo |last2=Heavens |first2=Louise |last3=Evans |first3=David |date=2020-11-10 |title=Brazil's Embraer posts $121 million loss on coronavirus travel disruptions |language=en |work=Reuters |url=https://www.reuters.com/article/us-embraer-results-idUSKBN27Q19J |access-date=2020-11-10}}</ref>