PPRuNe Forums - View Single Post - Bombardier offers majority stake in C Series to Airbus
Old 12th Nov 2015, 16:34
  #94 (permalink)  
peekay4
 
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It's a BS statement for public consumption. There is no way Trudeau won't fund Bombardier after that kind of statement.

If the Ottawa doesn't fund Bombardier now, that would signal to the market that Bombardier does not have a "strong business case" for the CSeries, which would effectively kill the program.

There is about zero chance Trudeau wants to be seen as someone who killed the CSeries, given thousands of union jobs at stake.

So Ottawa will be funding Bombardier regardless of any business case. The questions now are how much and in what form? (e.g., direct investment, loan, loan guarantees, tax credits, etc.) The answers to those questions will also determine if any governance changes will happen.

To placate the critics, they may also wait for some "good news" (e.g., a sizable order or maybe the upcoming CS100 certification) to time any funding announcement.
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