I think Boeing is going to poop itself (Airbus buys 51% of C Series Production)

The press release http://www.airbus.com/newsroom/press-releases/en/2017/10/airbus-bombardier-cseries-agreement.html stated that " Growing market for C Series results in second Final Assembly Line in Mobile, Alabama, serving U.S. customers. "
What percent of production does "Final Assembly" in non-unionized 'right-to-work' Alabama constitute ?
The bottom line in the release is...
'The transaction has been approved by the Boards of Directors of both Airbus and Bombardier, as well as the Cabinet of the Government of Québec. The transaction remains subject to regulatory approvals, as well as other conditions usual in this type of transaction. There are no guarantees that the transaction will be completed and that the conditions to which it is subject would be met. Completion of the transaction is currently expected for the second half of 2018.'
 
Very big development. Assuming it goes through, it will be interesting to see how Airbus integrates CSeries into their product lineup.

It's ironic that Boeing effectively gave Bombardier/CSeries to Airbus by facilitating an attractive discount. I like to think Boeing considered this scenario unfolding, but it's hard to wrap my head around wanting Airbus to buy CSeries at these levels - seems illogical. If Boeing doesn't have anything up their sleeves it could prove to be a costly misstep.
 
Ecl!pse said:
Very big development. Assuming it goes through, it will be interesting to see how Airbus integrates CSeries into their product lineup.

It's ironic that Boeing effectively gave Bombardier/CSeries to Airbus by facilitating an attractive discount. I like to think Boeing considered this scenario unfolding, but it's hard to wrap my head around wanting Airbus to buy CSeries at these levels - seems illogical. If Boeing doesn't have anything up their sleeves it could prove to be a costly misstep.
Click to expand...

I mean, hasn't Boeing's business model the last 30 years been 'attack fledging competitor, stretch current product, await Airbus to fail?'
 
Bear said:
The press release http://www.airbus.com/newsroom/press-releases/en/2017/10/airbus-bombardier-cseries-agreement.html stated that " Growing market for C Series results in second Final Assembly Line in Mobile, Alabama, serving U.S. customers. "
What percent of production does "Final Assembly" in non-unionized 'right-to-work' Alabama constitute ?
The bottom line in the release is...
'The transaction has been approved by the Boards of Directors of both Airbus and Bombardier, as well as the Cabinet of the Government of Québec. The transaction remains subject to regulatory approvals, as well as other conditions usual in this type of transaction. There are no guarantees that the transaction will be completed and that the conditions to which it is subject would be met. Completion of the transaction is currently expected for the second half of 2018.'
Click to expand...
This is the exact same link and story that Doug already posted on page one. Can you not read or are you just that desperate to keep posting more cut and paste drivel. Jesus.

panda-at-work-o.gif
 
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Ecl!pse said:
It's ironic that Boeing effectively gave Bombardier/CSeries to Airbus by facilitating an attractive discount. I like to think Boeing considered this scenario unfolding, but it's hard to wrap my head around wanting Airbus to buy CSeries at these levels - seems illogical. If Boeing doesn't have anything up their sleeves it could prove to be a costly misstep.
Click to expand...

No, Boeing didn’t see this coming.
 
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