(Corrects 'in price' to 'and price' in paragraph 3)
SINGAPORE (Reuters) - Boeing said on Wednesday key issues remain in talks to forge a partnership with Brazil's Embraer and stressed the price must make sense for all concerned.
"Our talks continue to advance in a productive manner but there are key issues that remain," Phil Musser, Boeing's senior vice president of communications, told Reuters.
"As noted on our earnings call this is a winning combination but it is not a 'must do' for Boeing. The final terms - and price - need to provide the best value for our respective customers investors and countries to provide an optimal platform for success," he said in an interview at the Singapore Airshow.
Musser was speaking after a Brazilian newspaper reported on Tuesday that Boeing had presented a plan to Brazil's government that would give it a stake of up to 90 percent in a new venture encompassing Embraer's commercial jet business.
(Reporting by Tim Hepher; Editing by Muralikumar Anantharaman)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app