By Tim Hepher
By Tim Hepher
PARIS, Dec 24 (Reuters) – As Boeing’s BA.N new boss tackles the quick disaster over its grounded 737 MAX jet, he additionally faces urgent questions from European regulators over a deal to purchase the industrial arm of Brazil’s Embraer – seen as key to its longer-term technique.
European Union regulators investigating the $4.2 billion tie-up have requested for greater than 1.5 million pages of knowledge and knowledge on over 20 years of gross sales campaigns, two sources conversant in the matter instructed Reuters.
The quantity of requests highlights the European Fee’s issues over a deal it suspects would scale back the variety of main contributors within the world jet market from three to 2, the sources mentioned, talking on situation of anonymity.
Any delay or derailing of the transaction could be an additional setback for Boeing, which on Monday named David Calhoun as its new CEO amid a disaster over the grounding of its top-selling 737 MAX following two deadly crashes.
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