Gregory Polek has spent his entire career in aviation journalism with AIN, starting as a proofreader and assistant to then-managing editor Mary Mahoney in 1995 after serving an internship with&nbsp;New Jersey Monthly&nbsp;magazine and completing his B.A. degree in English/Writing at New Jersey’s William Paterson College. By 1997 Polek accepted a position as an associate editor, covering the regional airline beat for&nbsp;Aviation International News&nbsp;in place of retiring industry veteran Don Anderson. The assignment took Polek across North America and Europe to profile regional airlines varying in size and mission from the likes of floatplane operators Kenmore Air and Chalk’s Ocean Airways to regional jet operators such as SkyWest and American Eagle. Today, in his dual role as Air Transport Editor and International Airshow Editor, Polek writes, edits, and manages AIN’s commercial aviation content while overseeing each of the company’s daily international air show publications in Paris, Farnborough, Singapore, and Dubai. Most recently Polek has assumed oversight of daily coverage of the Helicopter Association International’s annual Heli-Expo convention.

Senior Editor

Gregory Polek

Embraer received shareholder approval to proceed with its proposed strategic partnership with Boeing during a Tuesday morning&nbsp;general shareholders' meeting held at the Brazilian company’s headquarters in São Jose dos Campos. The proposal passed with 96.8 percent votes cast in favor of the transaction, while participation in the vote equated to 67 percent of all outstanding shares. The transaction values Embraer’s commercial aircraft operations at $5.26 billion and Boeing’s 80 percent share at $4.2 billion. A joint statement announcing the deal indicated that Boeing would take full operational and management control of the new company, but that a Brazil-based management team, including a president and CEO, will lead the joint venture and report to Boeing CEO Dennis Muilenburg.

 


Embraer shareholders also agreed to a joint venture to promote and develop new markets for the multi-mission medium KC-390 airlifter. Under the terms of that proposed partnership, Embraer will own a 51 percent stake in the joint venture and Boeing the balance. Embraer’s defense and executive jet business and services operations associated with those products would remain a standalone, publicly traded company.

 


Boeing and Embraer announced in December 2018 that they had approved the terms of the joint ventures and the Brazilian government issued its approval last month. Shortly thereafter, Embraer's board of directors ratified its support for the deal and signed definitive transaction documents. The timing of transaction now stands subject to regulatory approvals and agreement of certain “customary” closing conditions, all of which the companies said they hope to meet by the end of the year.

 


The final approval of the deal has survived several legal challenges initiated by employee unions, the most recent of which resulted in a judge issuing an injunction on Friday that, if not overturned, would have at least temporarily blocked the vote. As in previous attempts to block the deal, Embraer's appeal succeeded, thereby allowing the vote to take place.&nbsp;

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

Embraer Shareholders Approve Joint Venture with Boeing

More than 96 percent of participating shareholders vote in favor of the transaction between the Brazilian and U.S. airframers.   

2024 Corporate Aviation Leadership Summit

Kerry Lynch

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Ultra-long-range model has amassed 75 records, many from customer trips

Speed Records Abound for Bombardier's Global 7500

We talk through the process from conception to delivery

Flying Privately: How Aircraft Like the Bombardier Global 8000 Come to Life

Hanneke Weitering

News and issues about aviation maintenance, repair and overhaul (MRO), covering all segments of the aviation industry; and modifications for aircraft and engines. Subjects include product support of aircraft, engines and avionics, MRO company mergers, acquisitions, announcements and personnel, Airworthiness Directives, Supplemental Type Certificate approvals and other topics.

News about simulators and training procedures, as well as workforce.

AltiSky will assemble, sell, and service VoltAero's aircraft

VoltAero Picks U.S. Distributor for Cassio Hybrid-electric Aircraft 

Jennifer Leach English

Company noncommittal on expanding its lineup upwards, citing $1B investment cost

Embraer’s Plans for a Larger Bizjet Remain Up in the Air

Operations ebbed, backlogs were steady, and available aircraft increased

GJC: Bizjet Market Continues To Stabilize in 3Q2024

Greenville-based charter operator pre-orders 10 eVTOL air taxis

SAI Flight To Operate SkyDrive eVTOL in South Carolina

Charles Alcock

News and developments about aircraft engines, including turbofan, turboprop, turboshaft and piston.

More In Aircraft

Speed Records Abound for Bombardier's Global 7500

Ultra-long-range model has amassed 75 records, many from customer trips

Flying Privately: How Aircraft Like the Bombardier Global 8000 Come to Life

We talk through the process from conception to delivery

VoltAero Picks U.S. Distributor for Cassio Hybrid-electric Aircraft

AltiSky will assemble, sell, and service VoltAero's aircraft

Embraer’s Plans for a Larger Bizjet Remain Up in the Air

Company noncommittal on expanding its lineup upwards, citing $1B investment cost

GJC: Bizjet Market Continues To Stabilize in 3Q2024

Operations ebbed, backlogs were steady, and available aircraft increased

SAI Flight To Operate SkyDrive eVTOL in South Carolina

Greenville-based charter operator pre-orders 10 eVTOL air taxis

AMSL Starts Untethered Flight Tests with Vertiia eVTOL Aircraft

Australian start-up is developing a hydrogen-powered aircraft

Deliveries Increase as EHang Works to Boost eVTOL Aircraft Performance

Chinese manufacturing wants to extend range with solid-state batteries

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