Revelation wrote:Seems we're (finally?) getting some insight into how Boeing sees all of this in https://www.forbes.com/sites/lorenthomp ... 69f6107121 from Loren Thompson, who tells us why he's qualified to tell us how unconcerned Boeing is about this deal:However, many observers still don't grasp how unconcerned Boeing is about the pending partnership. Because Boeing is a longtime contributor to my think tank, I have been able to develop a fairly precise picture of how senior management views the proposed transaction. In brief, here's why Boeing isn't worried at all.
Nice that he gets that out of the way right up front, isn't it?
A lot of the arguments are the ones suggested here already, such as Trump will still support Boeing and airplanes produced at the Alabama FAL will still be subject to tariffs for years to come.
Some red meat quotes:Even if the impending demise of the Airbus A380 superjumbo was not impairing its balance sheet, the European plane maker is facing heavy headwinds. The way Boeing execs see it, Airbus is buying itself further headaches by taking on the CSeries as part of its portfolio. Boeing and Airbus in the past have avoided offering planes with seating capacity barely above that of regional jets.
And:The fact that Bombardier was willing to give away ownership of its premier product line underscores why Boeing wasn't interested in doing a deal when it kicked the tires at Bombardier two years ago. There just isn't much there worth having.
And the summation:And that's before you get to all the political controversy that will surround Quebec seeing its billion-dollar stake in CSeries shrink from 49% ownership to 19%. No government would accept such a deal unless it had received assurances that local jobs will not go away. CSeries production will continue to occur mainly in Canada, and given all the subsidies, CSeries duties will remain in place in the U.S. -- by far the plane's most important market. So of course Boeing isn't worried about arch-rival Airbus tying itself to Bombardier. Quite the opposite: some Boeing executives are delighted, believing it has made yet another strategic misstep.
Not a convincing piece at all, IMHO.
As long as the deal between Airbus and Bombardier has not been finalized (and it won't be until mid-2018 or so), nobody knows what kind of impact CSeries might have on future aviation. So it strikes me that people are already writing articles like "Boeing should not be worried", especially when nobody (including Airbus and Bombardier) knows what the final details of this deal will be.