Boeing (BA.N) on Tuesday opened a technology and engineering center in Brazil, aiming to expand its global footprint and take advantage of expertise in a country it sees leading sustainable aviation fuel (SAF) production.
A Boeing logo is seen at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 18, 2023. REUTERS/Benoit Tessier/File Photoon Tuesday opened a technology and engineering center in Brazil, aiming to expand its global footprint and take advantage of expertise in a country it sees leading sustainable aviation fuel production.
The move comes more than three years after it pulled out of a billion-dollar deal to buy the commercial division of local planemaker Embraer"This is very much a logical place for us to invest," said Brendan Nelson, global president responsible for strategy and operations outside the U.S. Brazil, he said, has highly trained engineers and is well placed to lead the sector's decarbonization efforts. "This investment is a long-term one," Nelson told Reuters.
The airline industry has an ambitious goal of reaching net-zero carbon emissions by 2050, which the executive reiterated the planemaker is committed to, and Boeing says Brazil has theThe firm's new technology center in Sao Jose dos Campos, the town near Sao Paulo where Embraer is headquartered, employs about 500 people, according to Boeing, whose main Brazilian airline customer is GolBoeing's expansion in the South American nation led two domestic defense and aerospace industry groups...
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