October 2, 2018 / 12:46 PM / 2 months ago

Too soon to know terms of JV with Boeing over military cargo jets - Embraer

The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker

RIO DE JANEIRO (Reuters) - It is premature to define the terms and conditions of an eventual joint venture with American rival Boeing (BA.N) to build the KC-390 military cargo jet, Brazilian planemaker Embraer (EMBR3.SA) said on Tuesday in a statement.

Embraer added that talks with Boeing are progressing but no new documents have been signed by the companies, which agreed to a commercial tie-up as well as defense collaboration in July.

Reporting by Alexandra Alper; Editing by Daniel Flynn

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