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Old 7th Feb 2020, 21:32
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Old Dogs
 
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Originally Posted by ProPax
Based on that article alone, I'd say, thank you, Quebec. If I understand it correctly, Quebec is so indignated by spending 1.3bln on the company when it was in trouble that they refuse to support it when it's on the brink of making billions on a successful if risky project. Whatever the margin notes are (CEO, bonuses, etc), it looks like an unprecedentedly obtuse move on their side. Killing a goose two days before it starts laying golden eggs. That's exactly what happened to Airbus, only France and Germany persevered and now they have a successful aircraft manufacturer.
No doubt the management made a lot of mistakes, however, America, at Boeings request, implemented a 292% tariff on the C-Series.

That killed the project and forced the sale of the now Airbus 220.

Few products can survive a 292% tariff. 😏

https://www.seattletimes.com/busines...st-bombardier/
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