Boeing Nut
Posts: 5078
Joined: Fri Feb 23, 2001 2:42 am

Boeing Invests $1.4 B In Russia Regional Plane

Sat Mar 16, 2002 6:52 am

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
I'm not a real aeronautical engineer, I just play one on Airliners.net.
 
777236ER
Posts: 12213
Joined: Sat Aug 18, 2001 7:10 am

RE: Boeing Invests $1.4 B In Russia Regional Plane

Sat Mar 16, 2002 6:56 am

The Russian RJ has been on the cards for MONTHS. Don't count out the FaiDor deal
Your bone's got a little machine
 
TechRep
Posts: 1877
Joined: Sun Jan 13, 2002 6:53 am

RE: Boeing Invests $1.4 B In Russia Regional Plane

Sat Mar 16, 2002 9:49 am

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
 
Sinlock
Posts: 1631
Joined: Fri Dec 22, 2000 12:55 am

RE: Boeing Invests $1.4 B In Russia Regional Plane

Sat Mar 16, 2002 12:27 pm

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.
 
cruising
Posts: 258
Joined: Mon Jan 01, 2001 3:28 pm

RE: Boeing Invests $1.4 B In Russia Regional Plane

Sat Mar 16, 2002 2:13 pm

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).