The Gloves Are Off – Bombardier Versus Boeing
Boeing’s dispute with rival Bombardier over the Canadian company’s government subsidy enabling it to sell its C Series passenger aircraft in the U.S. at below market prices is placing Canada’s order (estimated to be worth around $2 billion) of 18 Boeing F/A-18 Super Hornet fighter jets in jeopardy. A precursor to the dispute is Bombardier’s Delta Air Lines deal (estimated at $5.6 billion) for 75 C Series aircraft, with aggressive pricing strategies and discounts to seal the deal.
Written by Sylvia Caravotas (Satovarac Consulting) for OIDA. The full article is available from OIDA.