Tag Archives: tieup

What Ford and Volkswagen's Tie-Up on Trucks Means for the Ranger in America

What Ford and Volkswagen's Tie-Up on Trucks Means for the Ranger in AmericaFord and VW formalize an alliance to build pickups and vans, but don’t expect the Amarok to make it to the U.S.



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Brazil court overrules injunction on Boeing-Embraer tie-up

Brazil court overrules injunction on Boeing-Embraer tie-upA Brazilian court on Saturday shot down a fresh injunction by a judge over a plan by planemakers Boeing of the US and Embraer of Brazil to create a $ 5.26-billion joint venture, Brazil’s state news agency said. It was the second time this month an appeals court has overruled decisions by a Sao Paulo judge, Victorio Guizio Neto, seeking to temporarily block the deal. The higher court said Saturday it was not up to Guizio Neto to decide the future of the proposed joint venture, noting that the Brazilian government held a “golden share” in Embraer that allowed it to veto strategic decisions if it wished, according to state news agency Agencia Brasil.



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Brazil court suspends Boeing-Embraer tie-up

Brazil court suspends Boeing-Embraer tie-upA Brazilian federal court on Thursday suspended a proposed $ 4.75 billion tie-up between US aerospace giant Boeing and the civilian business of Brazilian plane-maker Embraer pending the government of president-elect Jair Bolsonaro taking office. The Sao Paulo court said it was it was taking action to avoid “possible concrete acts” being taken on the aviation deal before the new administration comes in under Bolsonaro, who takes over on January 1. The court added it was suspending “any concrete effect” of the Embraer board’s decision over transferring commercial operations to Boeing.



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China Southern, American Airlines announce tie-up

China Southern, American Airlines announce tie-upChina Southern Airlines said Tuesday it would sell almost a one-tenth stake to American Airlines in a $ 200 million tie-up that could see two of the world’s biggest carriers cooperate in a range of areas. American Airlines is the world’s largest carrier by scheduled passengers carried, while China Southern is fourth globally and the biggest in Asia, according to the International Air Transport Association (IATA). The deal could give American a foot in the door of China’s rapidly expanding air transport market, while China Southern said the move would support its own ambitions of expanding its global presence.



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