Embraer and AgustaWestland terminate talks in Brazil

Embraer and AgustaWestland have agreed to terminate talks on a possible joint venture in Brazil.

Following the press release jointly issued on 21 January 2013, related to the memorandum of understanding signed by Embraer and AgustaWestland – a Finmeccanica company – the two companies have announced their joint decision to terminate negotiations without reaching an agreement for the establishment of a joint venture in Brazil. 

Terry Spruce

Terry is Senior News Editor and writes for both Corporate Jet Investor and Helicopter Investor. He is also responsible for our helicopter guides. Terry has been an aviation enthusiast since the early 1970s. He is a lapsed Private Pilot and ex-Piper Cherokee owner. He has flown a number of light aircraft and is comfortable sitting in the co-pilot's seat or the back of any aircraft. Before moving to journalism he was a banker for 20 years. You can contact him at: terry@corporatejetinvestor.com or follow him on twitter @Terry_Spruce

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