Or…… Airbus just found the perfect way to kill the program.
It's also an airbus competitor. Why are you guys so sure AB isn't just going to shelve it.
The salt and sour grapes from you guys is hilarious. Read the comments of Airbus execs. Look at the promises they had to make to get the Quebec, Canadian and UK governments to approve the deal. There is no way they are killing the CSeries. Heck, they've openly admitted they are going to nuke the 319NEO.
Canada moving production to the Airbus plant in Alabama is ironic to the extreme.
Canada is not happy about the US having right to work states.https://slate.com/business/2017/09/cana ... -laws.html
And a bunch of Canadian work just got moved to a non-union factory in a right to work state.
Read the original source. Airbus has provided job guarantees till 2041 in Quebec. Growth may go elsewhere. But not one job today is being lost. In fact, those jobs are more secure today than they were yesterday morning. Only production for the US market is going to Mobile. This is a win-win for Montreal and Mobile.
Some people seem to really have issues with analysis that isn't zero sum.
AB buys majority share in a failing company with well underperforming sales of their flagship aircraft. AB either bought to continue the line or shut it down. Time will tell. Rest assured the US government won't sit idly buy as Bombardier or AB try an end run on dumping underpriced aircraft in the US market through the front door or back door.
Like I said above. The salt and sour grapes is proving quite entertaining. Explain how they plan on stopping an american factory from making an airplane out of mostly American parts. Over 50% of the CSeries content was American when it was in Montreal. That number is going to go much higher in Mobile. Easily 80%. What regulation will let them stop this?
This deal is far from sealed. There are multiple regulatory hurdles that will have to be cleared, but it will very likely get through it. If Airbus is getting an awesome deal, it is because BBD is not getting one. BBD was pressed against the wall and settled for it could get out of Airbus.
I expect Boeing to come out and offer BBD a much better deal.
There's no real regulatory hurdles. It's a program from a number 3 planemaker. Not the whole company. So arguing anti-trust would really be laughable. The Quebec government, Airbus and Bombardier boards have already approved the deal. The Industry Minister has said he will review. But other Canadian and British ministers are already saying they are onboard. So, what regulatory barrier do you foresee beyond just hoping for some hail mary to stop the deal from the US Government (which has no real standing for a deal between a Canadian and an European company).
There's no counter offer coming from Boeing. Keep wishing. They should have put in an offer 6 months ago.
Last edited by ytz
on Tue Oct 17, 2017 6:19 pm, edited 3 times in total.