Montréal, January 26, 2018 – Today’s decision is a victory for innovation, competition, and the rule of law. It is also a victory for U.S. airlines and the U.S. traveling public. The C Series is the most innovative and efficient new aircraft in a generation. Its development and production represent thousands of jobs in the United States, Canada, and the United Kingdom. We are extremely proud of our employees, investors and suppliers who have worked together to bring this remarkable aircraft to the market. With this matter behind us, we are moving full speed ahead with finalizing our partnership with Airbus. Integration planning is going well and we look forward to delivering the C Series to the U.S. market so that U.S. airlines and the U.S. flying public can enjoy the many benefits of this remarkable aircraft.
I can’t help myself singing:
“Hello out there, we’re on the air, It’s hockey night tonight!”
He Shoots! He Scores!
It’s a good ‘ole hockey game!
an ITC final decision that’s absolutely warranted .. but it’s still a BIG and excellent surprise !! Yaaay !!
I am glad that it worked out in Bombardier’s favor but in the end it is still a Pyrrhic victory. Bombardier was forced to cede 50% of the C Series to Airbus for a dollar a now they likely will not need the Alabama assembly facility. They can just start a second line in Mirabel although if NAFTA collapses maybe it will still be useful.
I wonder if Bombardier has a case to sue Boeing for damages in civil court?
I think the Airbus alliance is still the best option for Bombardier.
The CS100/300 will be managed in the market with the support of AB. It will now only have to face one aerospace giant rather than 2.
At the end BBD had no choice either way. They were bleeding cash too hard.
P&W also really really did them in too as they could not ship their airplanes last/this year-> No cash flow.
Let’s see what airbus really does here. Do they want to take the 100-150 seat market by storm and make it much bigger? Or do they fear cannibalization? How do they leverage the skill set?
Boeing had a thin case targeting Canada when Russia and China can develop aircrafts with almost 100% goverment funding without US screaming faul. Airbus stopped the Chinese gettig a certified aircraft with all the latest technology even though expensive to make that would have hurt Boeing much more. Also the C-series might delay the A322 launch by having Airbus engineers work over every bit of the CS300 to reduce prize and make it more effective to produce, an excersise that can easily take 2 years and with in-fighting in French another 2 years. The CS100 does not have the market punch and is a stepping stone to the CS300 and CS500.
The A322 / A325 / A328 are now much more likely.
With AB behind it the CS300 / CS500 will take more of the market and push the A32X platform more upmarket / larger.
Also the MoM issue becomes more critical for BA.
A warmed over B767 would be laughed out of the market.
Time to stop the share buybacks and plan for the future.
The big question here is if Bombardier is still going to build a FAL in Alabama.
I hope Boeing will fight to bar the C Series assembly line on US Soil.
If Boeing and Washington have blocked the 1977 sale of Airbus A300 to Eastern Airlines at $1.00 a month, the Airbus heavy subsidies and political leverage would be solved for ever.
“Boeing will fight to bar the C Series assembly line on US Soil.”
It cant . Just like it cant stop Airbus building A320/321s in Alabama.
There was some legal argument that using US assembly to get around dumping duties , would still attract duties. But of course ‘duties’ are off the table ‘for now’.