Embraer to sell Portuguese manufacturing sites to Aernnova for $172m

Embraer-E175-E2-3-2100x1485-dec762f5-4753-451d-9696-6b18858ad08e

Source: Embraer

Embraer has agreed to sell aerostructures operations in Portugal to Spanish aerospace company Aernnova for $172 million, an effort by the airframer to “optimise” its manufacturing footprint.

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