Boeing, Embraer to establish joint venture in Brazil

Aircraft makers' partnership brings Chinese players more challenges

United States aircraft manufacturer Boeing Co and Brazil-based plane-maker Embraer SA announced on Thursday they will form a joint venture as part of a strategic partnership.

China's single-aisle C919 passenger jet will face a stronger competitor as the rivals consider further consolidations, but the airworthiness certification work for the C919 plane is advancing steadily, and it would ultimately gain its market share as well, analysts said.