Embraer had previously said it expected the cash boost to be about $1 billion (£778.8 million).

Boeing has agreed to pay $4.2 billion to the Brazilian planemaker, in a tie-up that has been approved by Brazil's government but still needs approval from Embraer shareholders.

(Reporting by Marcelo Rochabrun; Editing by Mark Potter)

Stocks treated in this article : Boeing Company (The), Embraer