-
Hey, guest user. Hope you're enjoying NeoGAF! Have you considered registering for an account? Come join us and add your take to the daily discourse.
Canada, U.K. pressures Boeing, Trump over Bombardier-Delta Air Lines order
- Thread starter FrankCanada97
- Start date
???? Context?
FrankCanada97
Roughly the size of a baaaaaarge
I actually think that now with Airbus backing, C Series orders are going to increase dramatically. The plane was reported by SWISS and Baltic Air to be even more fuel efficient than the advertised 20% improvement over previous generation airliners. That almost never happens. I'm guessing other air carriers were waiting to see how this all played out.
Congratulations Boeing, you played yourself
Yup! I don't know how this changes government attitudes with the UK and Canada but Boeing made no friends in this scorched earth process.
I don't get what happens with Quebec governement's stake, It gets diluted from 49% to 19% and they don't get anything in return? Surely that can't be right, especially with an election a year away. Opposition parties won't shut up about that.
Canada sucks attech business.
Canada sucks at
FrankCanada97
Roughly the size of a baaaaaarge
What are the chances that Airbus a few years down just shuts the entire project down?
Der Spiegel and a number of other outlets have been reporting shoes are dropping in an investigation on Airbus recently.
https://www.google.com/amp/www.spiegel.de/international/business/airbus-corruption-scandal-threatens-ceo-tom-enders-a-1171533-amp.html
We're great at starting businesses. It's just the whole "actually keeping them relevant" part that always sort of falls apart near the end.
Shao Kahn Brewing a Stew
Banned
By 2023, Airbus can buy out or shut down the entire project, yes.
Also, those saying that Bombardier is making no money here, that's not true. Their stocks just went up 20%. It'll continue flying for a little while.
gutter_trash
Banned
there is not much to understand about Quebec but it is an interventionist Province and will most of the time intervene in situations like Bombardier, Videotron and other Qc Inc corporations.
that said. Trump is a dick
that said. Trump is a dick
Picture for a moment, that General Motors used to make station wagons (those boxy old cars that lost their marketshare to sport utility vehicles), and then GM stopped making them.
Then a number of years later, a fictional Canadian auto maker decided to revive the station wagon concept by making an entirely new design (they're not old clunkers anymore, they're some cutting-edge full-electric modern Tesla hotness, and they have more storage capacity than cars, but less than SUV's). Demand reappeared. Canuck Auto now has dozens of preorders waiting for them in America.
GM bitches up a storm, and complains that Canuck Auto was deemed "too nationally-important to fail" and given support money by the Canadian government. GM wants Canuck Auto banned from America (GM doesn't even want to revive the station wagon themselves, they're just being dicks). GM is a massive hypocrite because they too were famously deemed "too big to fail", but GM doesn't care. The American trade board is not concerned with GM's status as a hypocrite, just whether or not it's true that Canuck Auto got money from the Canadians. All the rest of the world can do is pull the same trick and close their borders to GM in response, and that's fine by GM (even though the Canadian government was literally negotiating to buy a bunch of cars from GM, since they were the cheapest option).
So Canuck Auto essentially sold their new station wagon design to Ford. It's a Ford station wagon now, made in partnership with Canuck Auto. Get fucked GM (by which I mean, get fucked Boeing).
Bombardier stands to win by quite a bit. The C-Series plane is an attractive product; one that there are potentially lots of buyers for. What's keeping them on the fence is that they're uncertain about long-term support. With Airbus as the majority owner, those fears go away and you can expect the plane to find a lot more buyers. Boeing has given their competition a big boost and they only have their own greed to blame. It's beautiful.
Except they sold it to VW not Ford.