Originally Posted by
ProPax
from where I'm sitting, Boeing spent an enormous amount of money for what they could've gotten in their own warehouse. How in the world did that deal get through the Board and through the shareholders meeting!?(
Well, there is always a value in removing competition. Boeing would probably be happy to absorb Airbus, if they could.
In the long run, Boeing saves development costs
and future pricing pressure from a competitor, and prevents EMB moving up to compete in larger aircraft ranges. The Microsoft model.