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Will Air Canada buy the C Series ?
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Feb 15, 2015 | 5:36 am
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PLeblond
Formerly known as tireman77
Join Date:
Dec 2013
Posts:
7,786
Quote:
Originally Posted by
xLuther
They don't have the cash or cash flow currently to get the plane to market
Now if we add to the $ 1.1 billion( just direct money from industry Canada, that much and more from other Federal depts, PQ, etc ) already dumped into and wasted by Bombardier the plane could happen, but I doubt there is the stomach to throw more good money after bad.
http://www.fraserinstitute.org/resea...-welfare-trap/
They currently have $2.5B in cash. Next cash call is $700M.
PLeblond
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