Embraer partners with Boeing to market medium-size airlifter

Brazilian airframer Embraer (NYSE: ERJ) (BOVESPA: EMBR3) and US airframer Boeing (NYSE: BA) said they are partnering on the sales and marketing of Embraer´s KC-390 a multi-mission mobility and aerial refueling aircraft with advanced capabilities in the medium-sized airlift market.

Under the agreement, Boeing is the lead for KC-390 sales, sustainment and training opportunities in the US, UK and selectMiddle East markets. Embraer will manufacture the aircraft and collaborate on sales, sustainment and training.

The KC-390 originated as a defense project contracted by the Brazilian Air Force in 2009. The largest aircraft to be manufactured in Brazil, it features advanced capabilities in terms of performance, cargo, capacity, flexibility and life-cycle costs.

Initial estimates of the potential market for KC-390 are approximately 700 aircraft, but that number is likely to increase after additional markets are analyzed. The project has completed the critical design review and is on schedule.

According to the companies, the latest move builds upon a broad cooperation agreement Boeing and Embraer signed in 2012. The companies are collaborating on aircraft efficiency and safety, research and technology, defense products and sustainable aviation biofuels.

Find out more at www.embraer.com.br and www.boeing.com.