The Brazilian government has veto power over any such deal, and their approval is far from guaranteed, according to the Journal. Airbus and Bombardier partnered on the C Series program in October, and Airbus agreed to acquire a 50.01 percent stake in Bombardier’s new C Series single-aisle jet. Under the agreement, Airbus provides procurement, sales and marketing, and customer support expertise to Bombardier. Embraer shares rose more than 28 percent during trading on Thursday, after word got out about the talks. Courtesy of AVweb.