Brazil's Embraer says it has finalized deal terms with Boeing

Embraer and Boeing jetliners stand on the Tarmac of Le Bourget on June 18, 2017 on the eve of the opening of the International Paris Air Show.
Getty Images | AFP | Eric Piermont
Embraer and Boeing jetliners stand on the Tarmac of Le Bourget on June 18, 2017 on the eve of the opening of the International Paris Air Show.

Brazil's Embraer said on Monday it had finalized the terms of a proposed deal to sell 80 percent of its commercial aviation business to Boeing.

As announced, the terms of the deal remain unchanged from when the joint-venture was first announced in July. The deal still needs approval from the Brazilian government.