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Formed on 19/8/69 by Brazilian Air Force. Privatized in 1994. 20% stake acquired in 1999 to a French aerospace alliance comprising Aerospatiale-Matra (later EADS), Dassault Aviation, Thomson-CSF (later known as Thales) and Snecma. Thales shares resold to open market in 9/06. EADS shares resold 2/07. Includes wholly-owned subsidiary ECC Leasing for asset management (formed 9/02), PM Limited, Refine Inc, RS Limited, River One Ltd (associated with BNDES), Table Inc. Joint venture with Boeing on civil programs (Boeing, 80%) announced in 7/18 (in response to Bombardier's link with Airbus); was to be renamed Boeing Brasil Commercial (announced 24/5/19); full approval by relevant authorities repeatedly delayed; partnership agreement terminated unilaterally by Boeing on 25/4/20. Type Certificates transferred in 2019 to Yabora Industria Aeronautica SA, 1/1/22 back to Embraer.
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