Airbus takes a majority stake in Bombardier frustrating Boeing's strategy

Tuesday, October 17th 2017 - 11:45 UTC

Full article 6 comments

Canada's Bombardier Inc. announced on Monday it has sold a majority stake in its CSeries passenger jet business to European aerospace giant Airbus for no cost. The move comes after lackluster sales and after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Montreal-based company is selling the CSeries planes in the U.S. below cost and receiving government subsidies. Read full article

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Clyde15
Nice one !!
Oct 17th, 2017 - 12:09 pm - Link - Report abuse 0
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Chicureo
From the press: Buenos Aires future exclusive direct connection to Mount Pleasant announced.

An Argentine government spokesperson elaborated that Aerolinias Argentinas would be acquiring three Tupolev 154 modern aircraft to service the route. With a cruising speed of 975 kilometres per hour (606 mph), the Tu-154 is one of the fastest civilian aircraft in operation and has a range of 5,280 kilometres (3,280 mi). Capable of operating from unpaved and gravel airfields, it was widely used in extreme Arctic conditions where other airliners were unable to operate and where service facilities were very basic.

Aerolineas Argentinas will eventually include a connecting non-stop flight from Buenos Aries to London via a new proposed fleet of Tupovev 404 jumbo airliners to facilitate and timely access for passengers originating and arriving at Mount Pleasant. The changeover to an exclusive Tupolev fleet for Aerolineas Argentinas is part of the current government’s strategy to offset trade swap in goods instead of depending on obtaining international credit allowing for a complete modernization of the fleet. The TU154 connecting with the forth coming TU404 service will prove that Argentina is committed to its territorial inhabitants best needs and remains serious about its promises for a peaceful solution.
Oct 17th, 2017 - 08:15 pm - Link - Report abuse -1
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golfcronie
And that just proves that pigs can actually fly, we await with bated breath.
Oct 17th, 2017 - 11:30 pm - Link - Report abuse +1
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Think
One Turnp down..., and couning...;-)))))))))))
Oct 18th, 2017 - 12:04 am - Link - Report abuse 0
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Clyde15
An ancient story starring an ancient aircraft transferring passengers to a mythical aircraft.

What a joke !
Oct 18th, 2017 - 10:25 am - Link - Report abuse +1
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Don Alberto
Tupolev Tu-154: In January 2010 Russian flag carrier Aeroflot announced the retirement of its Tu-154 fleet after 40 years, with the last scheduled flight being Aeroflot Flight 736 from Ekaterinburg to Moscow on 31 December 2009. However, the Tu-154 is still being used as of January 2017 by North Korea.
Oct 19th, 2017 - 04:20 am - Link - Report abuse 0
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