The end for Fairchild-Dornier????
Just released on the Bombardier website in Montreal:
"Bombardier Decides Not To Proceed Further With Fairchild Dornier
Montréal, June 18, 2002
Bombardier announced today that its technical, commercial and financial review of Fairchild Dornier’s 728/928 aircraft programs is now completed. Bombardier’s conclusion is not to proceed any further.
Bombardier appreciated the professionalism, support and responsiveness shown by the German government and the Bavarian authorities as well as by Fairchild Dornier’s management and employees. In addition to its technical analysis, Bombardier undertook detailed discussions with customers, suppliers and related stakeholders over a five-week period. However, these discussions did not achieve the results required for these programs to meet Bombardier's investments standards."