Since the Boeing-Embraer joint venture, the ERJ-195 has seen a dramatic spike in sales. Embraer also decided to re-release these jets, instead this time, the aircraft would be more efficient and have a longer range. The Boeing-Embraer joint venture has led to the development and release of the E-Jet family (including aircraft like the ERJ-145, E-175 and E-195). In 2018, Boeing bought a majority stake (80%) in the commercial aircraft division of Embraer (which also owns the private jet division), who have since gone on to focus on producing more efficient regional aircraft to outperform Bombardier. Since then, the private jet part of the business flourished, the military aviation business flourished, so did the agricultural and commercial. In 2000, the company went public, with the Brazilian government retaining its golden share in the company. Since then, the manufacturer has grown to become one of the largest manufacturers in the world and the largest aircraft manufacturer in South America. The Brazilian government was allotted a golden share in case of emergency. It was initially under state control, however was moved to private control in December 1994.

Background EmbraerД®mbraer was founded in 1969 in Brazil as an aircraft manufacturer for military, agricultural, private and commercial jets. Often, Embraer and Boeing team up for joint ventures, such as the E-Jet family, the same can be said for Bombardier and Airbus, who did the A220 project together, until Bombardier recently sold their share in it. Instead of competing directly, they choose to make smaller aircraft, which donвЂ™t compete with anything Airbus or Boeing make, and thus, Boeing and Airbus donвЂ™t have any reason to try to consolidate with them or try to force them into bankruptcy. Bombardier is simply too small to compete with Airbus, and Embraer is simply too small to compete with Boeing. Many people talk about how Bombardier and Embraer canвЂ™t beat Airbus and Boeing, but hereвЂ™s whyвЂ¦Д«ombardier and Embraer canвЂ™t beat Airbus and Boeing because of their size. They admire and want to be like their older brothers, but seldom are.

Bombardier and Embraer are the little brothers to Airbus and Boeing.

Bombardier aviation