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CSeries : UK Under Pressure to Cut Down on Orders to Boeing Worth $10 Billion
Boeing has opened a can of worms with their assault on Bombardier. Prime Minister May cannot afford to lose these votes and stay in power and she will have to accommodate these unions. As predicted on another thread, Boeing's non-commercial products are going to take a significant hit over this dispute. (www.fliegerfaust.com) Más...Sort type: [Top] [Newest]
I can't figure what boeing was thinking when they asserted bombardier had violated governmental subsidies in the construction of the c series. This will have ramifications of perhaps a few billion in lost or deferred sales and a few hundred million of profits from those level of sales. This will become a case study of putting a corporate foot in a corporate mouth, seemingly with out purpose or prethought. dumb, ill considered and foolish comes to mind here.
Boeing only wanted a import tax of 40% (or 60%, I can't remember), which brings the C series just about the same price of 737-700 (so they can actually offer realistic discount to bring price below C series). But thank to Trump's trade department, they decided to push the tariff to 300%... yeah you know the rest.(Airbus stepped in)
You know what is funny, and I am glad you mentioned that about what Boeing wanted...Boeing claimed that Bombardier sold the C Series to Delta for 19.9 million each and wanted a 160% tariff on each to offset the difference between it and the 737-700..then when the Commerce department stepped in with its first 219% tariff, Boeing backtracked and said it only wanted a 40-60% tariff..Im sorry but something makes no sense..first you want a high tariff and then you backtrack on it when your government makes a decision based on hearsay..and if Delta had only paid 19.9mil each, dont you think thy would have ordered a heck of a lot more than 75 plus the 50 option?...they could have sold units at $40 mil each and made a HUGE profit PLUS had their own units paid for by the sales.
Congrats Boeing on your foot in mouth scene...twice!
Congrats Boeing on your foot in mouth scene...twice!
At the risk of being accused of injecting politics into the subject, I think Boeing felt that with the current administration, they felt the could move to an advantageous position. Their miscalculation seems to have been the assumption the administration would take reasonable, thought-through actions to support their position. The resultant administration response was infelicitous.
That's why Bombardier should take this mess to the world court because of the illegal manner in which Boeing and Embraer sought to destroy Bombardier Aircraft Company.
Mandatory Reading for Boeing: "How to make friends" by Dale Carnegie
funny that a CS has more US content than a 787.....