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> Bombardier draw the short straw as it was smaller and wasn't able to combat the duopoly of Boeing/Airbus. It was able to compete though on the merit of its p
by bhouston 7y ago
> Bombardier draw the short straw as it was smaller and wasn't able to combat the duopoly of Boeing/Airbus.
It was able to compete though on the merit of its products before the duties came into play. The duties were designed to kill its momentum and it did -- look at the loss of orders in 2017 compared to 2016. But once the issue is resolved, the orders in 2018 are huge.
https://en.wikipedia.org/wiki/List_of_Airbus_A220_orders_and_deliveries https://en.wikipedia.org/wiki/List_of_Airbus_A220_orders_and...
This was a classic case of stifling threatening competition via government regulation.
- 420codebro 7y agoOn the merit of their products? Lol the bailout seems to indicate otherwise mcbrobro.
- WillPostForFood 7y agoIt was able to compete though on the merit of its products Merit, and a billion dollar subsidy from the government. There is clearly government interference on both sides. https://www.cbc.ca/news/business/bombardier-quebec-deal-1.3648707 https://www.cbc.ca/news/business/bombardier-quebec-deal-1.36...
- wbl 7y agoCapital investment on terms available to all local production is not a subsidy. It's industrial policy.
- deleted 7y ago[deleted]