Charles Alcock is managing editor of the AIN Media Group, having rejoined the company in 2019. He has been an aviation journalist since 1986, and previously worked for AIN from 1990 to 2017, most recently as editor-in-chief. His main focus is on covering new aviation technology and business models, as well as international news.
Having been raised in the London area, Alcock studied at the University of Manchester in the UK and earned an honors degree in Politics and Modern History. He speaks English and French, and some German.

Managing Editor

Charles Alcock

Boeing has agreed to pay Embraer $150 million to settle a long-running dispute over the circumstances in which the U.S. aerospace group backed out of a $4.2 billion deal to buy an 80% stake in the Brazilian airframer’s commercial airliner business. In a <a href="https://www.sec.gov/Archives/edgar/data/1355444/000129281424003476/erj20240916_6k.htm">Securities and Exchange Commission</a> filing late on Monday, Embraer confirmed the resolution of <a href="https://www.ainonline.com/aviation-news/air-transport/2020-04-27/embraer-files-arbitration-over-failed-boeing-tie">an arbitration process</a> it initiated on April 27, 2020.
Embraer and Boeing announced the planned master transaction agreement in July 2018. In October 2019, the European Commission launched an <a href="https://www.ainonline.com/aviation-news/air-transport/2019-10-03/ec-opens-depth-probe-boeing-embraer-combination">anti-trust investigation</a> into the takeover, prompting a delay that spilled over into the start of the Covid pandemic in 2020.
On April 25, 2020, Boeing confirmed that it was <a href="https://www.ainonline.com/aviation-news/air-transport/2020-04-25/boeing-pulls-out-planned-embraer-tie">withdrawing from the deal</a> after the terms had expired the previous day, stating that Embraer had not agreed to terms that could have extended the process. Embraer issued a firm <a href="https://www.ainonline.com/aviation-news/air-transport/2020-04-25/embraer-fires-back-after-boeing-nixes-merger-deal">rebuttal of Boeing’s statement</a>, accusing the U.S. company of engaging “in a systematic pattern and repeated violations” of the agreement.
Over the past four years, Embraer has pursued a <a href="https://www.ainonline.com/aviation-news/aerospace/2024-07-18/embraer-consigns-failed-boeing-merger-distant-memory">revamped strategy</a> based on producing aircraft for the commercial air transport, business aviation, and defense sectors. It has also targeted the emerging advanced air mobility market through eVTOL aircraft developer Eve Air Mobility, which was spawned from its technology incubator unit.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Boeing Pays Embraer $150 Million To Settle Buyout Dispute

Settlement payment confirmed in Securities and Exchange Commission filing

An arbitration process to resolve a dispute over the collapsed deal for Boeing to buy an 80% stake in Embraer's commercial airliner business has been settled.

Boeing Pays Embraer $150M To Settle Buyout Dispute

2024 Corporate Aviation Leadership Summit

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.

Company says it is still building Lilium Jet prototypes and plans to start test flights

KPMG Starts M&A Process to Find New Backers For Lilium's eVTOL Aircraft

Qatar Investment Authority leads oversubscribed Series C funding round

Beta Raises $318 Million as eVTOL Aircraft Production Starts

Vertical Aerospace is also facing a liquidity crunch as major shareholder demands funding Plan B

Lilium Scrambles for Funds as Nasdaq Delisting Looms

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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.

In this article

Embraer Commercial

Boeing

More In Finance, Taxes, Insurance

KPMG Starts M&A Process to Find New Backers For Lilium's eVTOL Aircraft

Company says it is still building Lilium Jet prototypes and plans to start test flights

Beta Raises $318 Million as eVTOL Aircraft Production Starts

Qatar Investment Authority leads oversubscribed Series C funding round

Lilium Scrambles for Funds as Nasdaq Delisting Looms

Vertical Aerospace is also facing a liquidity crunch as major shareholder demands funding Plan B

UK Plans 50% Tax Hike For Business Jet Charter Passengers

Industry concerned over possible extension of air passenger duty to more business aircraft

Jet Out Launches CJ4 Co-lease Program, Cost Calculator

Streamlines leasing options for businesses and individuals

Portside Agrees To Buy Collins Flight Operations System

Deal is expected to close in the fourth quarter

Lilium Set To File For Insolvency Protection to Salvage eVTOL Aircraft

Move comes one week after the German parliament blocked a loan guarantee application

Global Jet Capital Marks 10 Years in Bizcraft Financing

GJC exceeded $4 billion in aircraft financing originations since 2014

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN