Europe’s airbus and canada’s bombardier joins forces
In Europe during the 1970’s the pursuit for global aerospace increased remarkably due to which countries like France and Germany decided to collaborate and form AIRBUS a European multinational corporation that designs, manufactures, and sells civil and military aeronautical products worldwide.
The formation of Airbus eventually led to forging of an industrial tie up with U.K. and Spain which spanned across the European Union. It was due to this broad backing OF European Government that Airbus became the chief rival of BOEING an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, and satellites worldwide.
And now, in 2017 Europe and Canada have come under a single umbrella with Airbus taking control of the Bombardier’s C Series airliner and with an expanding manufacturing footprint in the U.S., Canada and China. Bombardier is a multinational aerospace and Transportation Company which is based in Montreal, Quebec, Canada.
Due to this current development Boeing and Brazil’s commercial airplane manufacturer, EMBRAER, are potentially in a difficult situation left with the question “What would be the next step?”
Even though Boeing and Embraer have not collaborated during recent time, they have in many occasions come together like in 2012, Boeing and Embraer signed a broad agreement to collaborate on a broad range of areas, including airplane “efficiency, safety and productivity.”
Again a year later these two companies signed an agreement to market Embraer’s new KC-390 airlifter to the U.S., U.K. and Middle East governments.
Because of this exposure Embraer has been able to expand its U.S. manufacturing presence as well, assembling its business jets in Florida.
Embraer’s former Chief Executive Frederico Curado has stated that if the two companies would team up, it would have to be for a distinct project like a new airliner.Previous Post Next Post
- Artificial Intelligence to create challenges for policymakers in future: WIPO DG
- China state owned company charged With IP theft.
- Companies are becoming aggressive against Copycats-limited ipr awareness
- Supreme Court dismisses Star India’s plea, trai tarrif order
- Draft Law Takes Aim at Fake Drugs