9,000 people should start working on the "new Embraer"

The company was approved by the Government of Brazil which holds the activities of Boeing's Embraer commercial airline. the remaining veto right of the privatization of Embraer in 1994.

The negotiation lasted about a year and, at the signing, the shareholders of the Brazilian company will be consulted in 30 days.

Still anonymous and known internally as NewCo, an acronym for New Company, its creation is expected to be formalized Thursday (17) by American and Brazilian manufacturers.

Embraer employs 18,500 people, 16 thousand in Brazil. The number to be allocated to NewCo, of 9,000 employees, corresponds to the estimation of the union of metallurgists of São José dos Campos on the strength of the commercial division, indicates the "Value" .

The final details are still being sewn by the legal teams of both companies.