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Airbus buys just over 50% of Bombardier CSeries division
Buy now it's official, Airbus buys over 50% of the Series and is going to shift some assembly to Mobile, Alabama plant. Tough luck Boeing! (www.financialexpress.com) עוד...Sort type: [Top] [Newest]
If you study history, hearken back to the '50s and the CF-105 Arrow. This was an advanced aircraft that many felt threatened the US (Boeing) aviation industry even though Avro was unable to sell the Arrow to any foreign government. Then Boeing, through its contacts in the US military, convinced the Canadian government to scrap its Arrow project and buy the Boeing "Bomark" missile. The Diefenbaker government terminated the Arrow project, destroyed the line and the tooling, and ordered the flying prototypes destroyed. In that one brilliant move, the Canadian aerospace industry was destroyed - overnight. Many of the engineers were then recruited to the US Space program and moved to Florida. As a bit of trivia, look at the cockpit design of the Arrow, and compare it to the cockpit design of the SR-71, and you will see where the Canadian aerospace industry went.
boeing truly overstepped, over looked and over reacted. Boeing also lacked, since the demise of the Mc Donell douglas/boeing 717 an airframe in this class, so see the goof they made by not scoffing up bombardier just to fill the hole in their product line,
wouldn't surprise me if Boeing starts partnering with EMBRAER on a future project, they already helped with the KC-390 and EMBRAER helped with engine technology with the 737 MAX.
Boeing has old and unhappy history after buying DHC in 1986, losing a bunch of money on the venture, then selling to Bombardier in 1992. Looks like they've now rubbed salt in to their own wounds with an own goal!
http://www.nytimes.com/1992/01/23/business/company-news-bombardier-agrees-to-buy-de-havilland-from-boeing.html
http://www.nytimes.com/1992/01/23/business/company-news-bombardier-agrees-to-buy-de-havilland-from-boeing.html
It hasn't been approved by the feds yet... or at least until somebody gets paid off under the table. There goes more Canadian jobs to the USA...
Why are more Canadian jobs going to the US?..Mirabel isn't closing and the "assembly line" in AL is just that..no fabrication, just assembly for the US market.
Maybe I'm missing something, but Airbus (a French company) buys a stake in Bombardier (a Canadian company) and why would you think the "Feds" (U.S.) have to approve it?