Key Takeaways

  • Safran and Embraer agreed to end their aircraft interior partnership.
  • French aerospace firm Safran sold its stake in EZAir.
  • Facility in Chihuahua, Mexico will be wholly owned by Embraer.

Strategic Implications

This move may indicate a shift towards diversification for Safran as it exits a joint venture. The sale could also signal Embraer’s focus on expanding its operations in Mexico. The agreement’s terms suggest that both companies are prioritizing strategic partnerships and investments.