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Wasn’t bombardiers failure the result of Boeing playing dirty and pulling political strings? The commerce department imposed tariffs that quadrupled the price o
by zubiaur 2y ago
Wasn’t bombardiers failure the result of Boeing playing dirty and pulling political strings? The commerce department imposed tariffs that quadrupled the price of the plane.
- bobthepanda 2y agoI mean, Bombardier was selling the planes below cost, which is the technical definition of dumping. Part of why they had to do it is because they had so many testing issues and delays with their new design that people were not willing to bite the bullet on an unproven design.
- sofixa 2y ago> I mean, Bombardier was selling the planes below cost, which is the technical definition of dumping Nope, it's not unheard of in aviation because a plane, or an engine, has a multi-decade life, over which there will be a lot of maintenance and spare parts needed. GE and Rolls-Royce used to sell jet engines at a loss, banking on maintenance and spare parts making up the losses. And of course, the punitive tariffs were later removed because Boeing weren't actually impacted by the C-series, dumping or not.
- sofixa 2y agoYep, in large part. Bombardier were already over leveraged and in a very unstable situation, but the tariffs were the final nail in the coffin.