3 ms·

Just like old car manufacturers, there is just nothing interesting that company like Boeing can produce anymore. I wonder if the amount of regulations are prev

by chucke1992 3y ago

Just like old car manufacturers, there is just nothing interesting that company like Boeing can produce anymore. I wonder if the amount of regulations are preventing something like Tesla to appear among plane manufacturers.

MattGaiser 3y ago
Risk is a big one. Bombardier, an established airplane company, couldn't find any customers for the C-Series (now the A220) until they gave away the plane to Airbus for free. Now it sells like hotcakes. Companies simply were not willing to take a risk on a new plane without establishment backing. No corporation would accept Tesla's "Full Self Driving" claims. Plenty of individuals think "good enough."
- AnimalMuppet 3y ago
  Boeing's dumping complaint made it impossible for Bombardier to sell the plane until they laundered it through Airbus. It wasn't just "airlines were afraid of the risk of a new plane".
- internet101010 3y ago
  IIRC the main reason they struggled to find customers wasn't because of safety concerns, but because of Bombardier's financial uncertainty. The program's costs far exceeded budget and the company was on the brink of bankruptcy. The final nail in the coffin was when Boeing convinced US regulators that Bombardier was dumping in order to enter that market segment. This resulted in a 300% duty, which indirectly forced them to sell to Airbus for $1.
  - Ylpertnodi 3y ago
    I rather think the company name wasn't very 'catchy', at the very least.
- himinlomax 3y ago
  Airbus took over the debts for the project. They paid $1 for 50% of the shares, not sure how much they paid for the rest, but in any case, they assumed the financial burden which was what was dragging Bombardier down.
epolanski 3y ago
Airplanes aren't cars. Startups have no clean slate advantage in an industry where every single part of your plane has to be approved and whose design stems from gigantic numbers of operations. Designing commercial airliners requires insane amounts of money, time and know how. Boeing and Airbus are in near-monopoly status where the only possible competitors can be state-sponsored .

MattGaiser 3y ago

Risk is a big one. Bombardier, an established airplane company, couldn't find any customers for the C-Series (now the A220) until they gave away the plane to Airbus for free. Now it sells like hotcakes. Companies simply were not willing to take a risk on a new plane without establishment backing. No corporation would accept Tesla's "Full Self Driving" claims. Plenty of individuals think "good enough."

AnimalMuppet 3y ago
Boeing's dumping complaint made it impossible for Bombardier to sell the plane until they laundered it through Airbus. It wasn't just "airlines were afraid of the risk of a new plane".
internet101010 3y ago
IIRC the main reason they struggled to find customers wasn't because of safety concerns, but because of Bombardier's financial uncertainty. The program's costs far exceeded budget and the company was on the brink of bankruptcy. The final nail in the coffin was when Boeing convinced US regulators that Bombardier was dumping in order to enter that market segment. This resulted in a 300% duty, which indirectly forced them to sell to Airbus for $1.
- Ylpertnodi 3y ago
  I rather think the company name wasn't very 'catchy', at the very least.
himinlomax 3y ago
Airbus took over the debts for the project. They paid $1 for 50% of the shares, not sure how much they paid for the rest, but in any case, they assumed the financial burden which was what was dragging Bombardier down.

epolanski 3y ago

Airplanes aren't cars. Startups have no clean slate advantage in an industry where every single part of your plane has to be approved and whose design stems from gigantic numbers of operations. Designing commercial airliners requires insane amounts of money, time and know how. Boeing and Airbus are in near-monopoly status where the only possible competitors can be state-sponsored .