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Reuters, July 13, 2008

Bombardier launched a new 110-130 seat passenger jet, the CSeries, on Sunday in a Canadian bid to challenge industry giants Airbus and Boeing.

Announcing the long-awaited launch on the eve of the Farnborough Air Show, the Canadian company said it had selected Mirabel near Montreal as the site to assemble the planes, which will enter service in 2013.

Bombardier said the launch, coming at a time when rocketing fuel prices and a shaky economy have put the brakes on a boom in airline orders, would "revolutionize" the economics of the 100-149 seat segment due to fuel-efficient, green technology.


http://finance.sympatico.msn.ca/investi ... id=8595949

   

..that's my plane


owned by Canadians, always bailed out by Canadians

   

That's good news.

   

Photos or an artist rendering would be nice. I'm an image kinda guy. I'm sure they don't want the look getting out just yet though.

   

Never a bail out was given to Bombarbier but a crowd out public strategy was applied to ward off Embraer, the Brazilian aerospace conglomerate that is the main rival of Bombarbier.

http://en.wikipedia.org/wiki/Crowding_o ... onomics%29

   

Yeah, isn't that Air Canada that always gets the bail out?

   

Far from it. Air Canada purchased a bunch of Embraer 190 Airplanes

   

handing out cash is not a problem with Benoit as long as its not a company based in the west

   

Crowding out Brazilian investments is a legitimate way for Canada to "export" its unemployment in Brazil until this country agrees to abide by the rule of market competition.

   

Oh thats nice for Bombardier. Using our tax money to build more jets. Ya nice. Not. I say let them fail, no more subsidies.

http://www.theglobeandmail.com/servlet/ ... /National/

Bullshit!!!!

   

Moving not failing:

http://network.nationalpost.com/np/blog ... -work.aspx

   

Bombardier has always said that if quebec separated, they would move all their assets out of quebec. WHy not start before another referemdum

   

Because of costs and risks involved.

   

Great news. If the C-Series can deliver on its promise of a 20% reduction in fuel consumption it'll sell like hotcakes.

   

Yes, plus they are given a pile of money to move... what to they have to loose.

   

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