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Post by stealthmanbob on Oct 6, 2015 22:52:31 GMT 1
Wow that is astounding.... could you envison Mr. John Airbus Leahy selling CSeries  I could envisage buying and then shutting the CSeries project down, may be another FAL for A319/A320s ? |
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Baroque
in service - 2 years
Posts: 3,991
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Post by Baroque on Oct 6, 2015 23:04:15 GMT 1
Wow. This could be tempting to Airbus. But very bold of Bombardier to offer their future into the hands (or dare I say jaws) of a giant predator that has vowed to crush it in competition.  |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Oct 6, 2015 23:35:23 GMT 1
Offering to take a back seat in the future of their crown jewel, BBD is essentially conceding the failure of its bold attempt to challenge the A&B duopoly.
That would be a sad outcome for BBD, but an Airbus alliance might still be the lesser of evils for them !
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Oct 6, 2015 23:56:43 GMT 1
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Post by bmw801 on Oct 7, 2015 0:12:26 GMT 1
@ Admins: pls move this and the two above posts two "cseries-general-discussion" as they are a reaction to this post Here is the first reaction from Airbus Group |
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Baroque
in service - 2 years
Posts: 3,991
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Post by Baroque on Oct 7, 2015 4:14:28 GMT 1
Well, that news went as soon as it came... but I'm quite disappointed at how a desperate situation BBD is in right now with the emergence of such talk.  |
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Oct 7, 2015 12:39:42 GMT 1
I doubt our forum has the resources to crowd-fund BBD, but I would have liked to !
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philidor
in service - 6 years
Posts: 8,950
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Post by philidor on Oct 7, 2015 13:12:23 GMT 1
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s543
in service - 2 years
Posts: 3,959 
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Post by s543 on Oct 7, 2015 13:22:09 GMT 1
Wow that is astounding.... could you envison Mr. John Airbus Leahy selling CSeries Well hardly.. since in the reuters article is written: "After the report, Airbus confirmed that it had been exploring business opportunities with Bombardier but that such discussions were no longer being pursued." We can only state: BBD is in bad state A/B is not sure and it all depends on what BBD could offer and what was the price. It might come to similar situation like TSO is way too expensive for 1 RBL and/or Opel is unbelievably expensive for 1EUR you must give us at least few billions of EUR to buy it so expensive..... In the article is said BBD has 9 bn debt, 3.1-0.8=2.2 bn cash i.e. the total is 6.8 bn debt ! It has of course a lot of other assets but what are those worth ? |
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Post by bmw801 on Oct 7, 2015 14:03:45 GMT 1
Well hardly.. since in the reuters article is written: "After the report, Airbus confirmed that it had been exploring business opportunities with Bombardier but that such discussions were no longer being pursued." We can only state: BBD is in bad state A/B is not sure and it all depends on what BBD could offer and what was the price. It might come to similar situation like TSO is way too expensive for 1 RBL and/or Opel is unbelievably expensive for 1EUR you must give us at least few billions of EUR to buy it so expensive..... In the article is said BBD has 9 bn debt, 3.1-0.8=2.2 bn cash i.e. the total is 6.8 bn debt ! It has of course a lot of other assets but what are those worth ? The comment from Airbus and the Reuters article were published after i have done the post. You are right with your question, but i hope that BBD will find a way to solve all their troubles. Would be a tragedy to see the CSeries fading away. |
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