Embraer in Talks to Sell Planes to Royal Air Maroc

Royal Air Maroc is negotiating the purchase of aircraft from Embraer, a Brazilian manufacturer, according to a source. The airline plans to expand and renew its fleet in three categories, with Embraer competing in the category for smaller aircraft. The Royal Air Maroc is also in talks with Airbus and Boeing for larger orders. Embraer's shares rose but later fell 3.7% as the company declined to comment.