Bombardier may be a year out from being bankrupt

[ookpik]

Embraer chose wisely, by not taking on Airbus and Boeing in that niche of the plane marketplace.   Bombardier is finding out that taking on giants can be painful.

Bombardier to target Brazilian giant Embraer for possible partnership 

purned by Airbus Group SE, Bombardier Inc. intends to approach Brazilian aerospace competitor Embraer SA to discuss forming a partnership to prop up the Canadian company’s C Series passenger jet.

A senior aviation executive close to Bombardier said Tuesday that the company had not approached Embraer yet, “but I know they intend to.”

If they reach an agreement Embraer is going to get quite a bargain. Even so the combined effort still has to go against Airbus and Boeing, who are in turn backed by the support of EU and US governments. 

Like you I'm skeptical that anything will come of this.

So, a government bailout.

And even more likely if the Liberals and NDP form a new government (not that the Reform guy didn't also make subsidies to BBD during his tenure.)