After betting its future on Boeing, jetmaker Embraer scrambles for elusive plan B
Share:
SAO PAULO/PARIS (Reuters) - Brazilian planemaker Embraer SA has been thrust into an uncertain future with no immediate plan B, while not ruling out seeking a bailout after Boeing Co jettisoned a $4.2 billion (3.4 billion pounds) commercial aerospace tie-up amid the coronavirus crisis.The company's shell-shocked chief executive, in the job for a year with little aerospace experience, sought to rally staff after the board held late-night talks to review the collapse of plans for surviving..