Boeing will be taking a majority stake in a joint company currently being worked out with Brazilian aircraft maker Embraer, said a report.

Boeing will have a 51 percent stake in the joint venture, a columnist for O Globo said Sunday, according to Reuters.

According to the columnist, the Brazilian government did not want a US company to have more than 51 per per cent controlling share.

Boeing has sought Brazilian government approval of the partnership with Embraer that would create a new company focused on commercial aviation, excluding Embraer’s defense unit, Reuters reported three weeks ago.

With the proposed tie-up Boeing would be the market leader in the smaller passenger jet market, creating stiffer competition for the CSeries aircraft program designed by Canada’s Bombardier and backed by European rival Airbus SE, Reuters said.