Boeing may have a new rival

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Brazilian aircraft manufacturer Embraer is considering developing a new narrow-body aircraft that could compete directly with the Boeing 737 MAX and Airbus A320 in an important market segment for both companies. Bloomberg writes about this, citing sources.

According to them, internal evaluations showed that Embraer has the technological competencies and manufacturing capabilities necessary to create a next-generation passenger aircraft. Such a move would be huge for an aircraft maker currently known for its regional and commercial jets with a capital of around $5 billion, the release said.

But as sources indicate, Embraer has already begun estimating the possible features of the new aircraft and is exploring potential financial and production partners. The agency writes that these include Saudi Arabia’s state investment fund and companies from Türkiye, India and South Korea.

Embraer’s ambitions intensified at a time of new problems for Boeing after the fuselage fairing of one of its 737 MAX planes was lost in flight. This led to restrictions in production, changes in management and loss of position as Airbus’s main rival.

At the end of March, it became clear when Boeing CEO will be. will leave to resign.

Previously West frightened Because of Russia, for its planes.

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