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Boeing Invests $1.4 B In Russia Regional Plane  
User currently offlineBoeing nut From , joined Dec 1969, posts, RR:
Posted (11 years 2 months 1 week 4 days 4 hours ago) and read 748 times:

I guess this means the Fairchild possibility deal is dead.

http://www.aviationnow.com/avnow/news/channel_busav.jsp?view=story&id=news/crrj0315.xml

4 replies: All unread, jump to last
 
User currently offline777236ER From , joined Dec 1969, posts, RR:
Reply 1, posted (11 years 2 months 1 week 4 days 4 hours ago) and read 702 times:

The Russian RJ has been on the cards for MONTHS. Don't count out the FaiDor deal

User currently offlineTechRep From , joined Dec 1969, posts, RR:
Reply 2, posted (11 years 2 months 1 week 4 days 1 hour ago) and read 654 times:

I hope not, I am actualy losing sleep over this Boeing deal. I hope for the sake of Faidor the deal goes through, we need a partner to carry us over this slump. We have been hammered by the 9/11 events and the company is trying everything not to lay people off.

TechRep

User currently offlineSinlock From United States of America, joined Dec 2000, 1532 posts, RR: 3
Reply 3, posted (11 years 2 months 1 week 3 days 22 hours ago) and read 622 times:

Keep in mind that Boeing is only going to be doing the sales part of the "RJ-ski" and will not be doing any work on the plane itself.

But I would think that it would be a conflict of intrest for Boeing to invest in Fairchild now.
But what do I know? I'm not a lawyer.....Thank God.



My Country can beat up your Country....
User currently offlineCruising From Canada, joined Jan 2001, 258 posts, RR: 0
Reply 4, posted (11 years 2 months 1 week 3 days 21 hours ago) and read 597 times:

Boeing is also involved in design of the airplane.

As some of you might know that Boeing CEO Phil Condit publicly said that Boeing can't ignore reginal jet market. He told in one of CNBC interview that Boeing is looking for the right opportunity to involve in reginal jet market.

I guess Boeing's biggest concern is COST. That is why they are venturing in Russia and FD (they are relatively cheap).
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