Stock

Embraer and Fokker workforce up for protection, improvement and assist alternatives

2/2

© Reuters. FILE PHOTO: The logo of the Brazilian aircraft manufacturer Embraer SA can be seen at the company's headquarters in Sao Jose dos Campos, Brazil, on February 28, 2018. REUTERS / Roosevelt Cassio / File Photo

2/2

BRASILIA (Reuters) – Brazilian aircraft manufacturer Embraer SA (NYSE 🙂 and Dutch aerospace companies signed an agreement on Monday to explore opportunities in defense and commercial aviation, including potential new configurations for their C-390 military transport aircraft.

In the commercial aviation market, the agreement with Fokker Techniek and Fokker Services should open up opportunities for technical and logistical support in addition to the development of hydrogen-powered aircraft, Embraer said in a statement.

Embraer is the third largest manufacturer of commercial aircraft in the world.

"There is tremendous potential for both companies to develop opportunities together," said Jackson Schneider, chief executive officer of Embraer Defense & Security.

"This is a very important step in Embraer's strategy of building meaningful and strategic partnerships around the globe," he said at the signing ceremony in Woensdrecht, the Netherlands.

Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price, meaning that prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this information.

Fusion Media or any other person involved in Fusion Media assumes no liability for any loss or damage that may arise from reliance on the information contained on this website, including data, prices, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.

Related Articles