Good news for Embraer and Boeing. Boeing sales office will boost E2 sales meanwhile Embraer engineering team will help to solve all Boeing technical issues. The E2 development has proven that today Embraer has a superb product development team, and this expertise will be very useful for Boeing next commercial aircraft. Failures on the project management, like it happened with the 787 (lots of delays and billions over budget) will not be supported anymore.
A boost in E2 sales is a matter of time. With integration, we will have access to a chain of suppliers with lower costs and financing to customers at better rates and conditions.
As for the new products, Boeing has come to Embraer for a young and dynamic engineering and design team, outside the "heavy and old" structure of Seattle.
The president and CEO of the JV will be the current Embraer's Commercial Division president and CEO, Mr. John Slattery, who will report to Chicago.
Thus, as previously disclosed in the organization chart of the new company, Mr. Mauro Kern Jr., who has been in Embraer for more than 30 years and 10 years as vice president of engineering, will continue in the same position in the JV.
Under its tutelage, Embraer delivered in the last 10 years 15 new planes, both commercial and executive.
Faced with these choices in key positions, the consulting firm Bain & Company, experts in the aeronautical sector, states that "this way the companies of JV demonstrate a message of continuity in the commercial aviation business developed by Embraer, without abrupt rupture of the gear in its operations.
Definitely, the JV will not be a Boeing-only satellite to produce sub-parts. It will deliver a finished product ..."