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Old 01-22-2016 | 05:36 AM
  #40  
ArcticOtter
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Originally Posted by Mesabah
It's not the airplane, it's the company. Bombardier is not well run, and it is risky for Delta to purchase the C-Series from a virtually bankrupt company. Now if RA gets a great deal on these planes, and Airbus acquires BB, that would be massive win for Delta.
You are exactly right. The plane is great but the company is dysfunctional and on the verge of bankruptcy. The recent $3.2 billion right down virtually guarantees the program will never turn a profit and each plane will cost the company more to make than it sells for until 2020. And that's at full list price. They lost $5 billion last year and recently took a $1.2 billion bailout from the Quebec government as well as now saying they need another billion dollar bailout. Bombardier can't afford to discount big, the only way a good deal could be made is by having the Canadian tax payer make up the difference which is unlikely.
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