July 1, 2018. Airbus now owns a 50.01% majority stake in C Series Aircraft Limited
Thread Starter
Join Date: Aug 2013
Location: PA
Age: 59
Posts: 30
Likes: 0
Received 0 Likes
on
0 Posts
but when Airbus launched the NEO it was selling like hotcakes, totally outclassed the existing 737-7/8/900
Embraer deal looking a bit silly at this point.
Join Date: Apr 2010
Location: London
Posts: 7,072
Likes: 0
Received 0 Likes
on
0 Posts
Only if you focus on the aircraft portfolio - but they've bought a proven design and manufacturing capability & capacity in a (relatively) low cost country in a similar time zone........ beats the hell out of building up in (say) China