This reminds me that no matter how angry the media and the population appear to be at a country (remembering the murder of a journalist from a few years) we will always forget and continue business within a couple years.
The best shortcut to this is to never fall for the outrage again.
SameAfternoon5599 on
Sounds like a win for a Canadian company and our ally.
CobblePots95 on
>Montreal-based Bombardier said Tuesday it signed a letter of intent with the private charter aviation company, owned by Saudi Arabia’s sovereign wealth fund, for 12 planes and purchase options for 48 more across its Challenger 3500, Global 5500, and Global 8000 offerings.
Hell. Fucking. Yeah.
Prices for these aircraft range quite a bit and I’m sure Bombardier put up some very competitive bids, but assuming an average price of ~$47M (indicated in the article for the first 12) then this purchase could be worth $2.8 billion. That’s before we consider any upgrades or consider how many of them might be the Global 8000 (a pricier aircraft) when all’s said and done.
This is what you get for simply putting out the best dam product on the market. The Global 8000 in particular is the fastest commercial aircraft since the Concord. Quite simply, it’s the best aircraft of its kind. Canadian aerospace has been *consistently* putting out best-in-class products and it’s awesome to see them winning on the global market.
The biggest challenge now seem to be finding ways to ramp up production to meet the order backlog that’s continuing to grow. Call that one a good problem.
ordnance_inbound on
neato
Mickloven on
Great! Probably because in Canada, you can get things done without bribing the leader 😜
Euclidisthebomb on
Also from the globe article:
>Horizon Aircraft, a developer of vertical takeoff and landing (VTOL) aircraft based in Lindsay, Ont., said Tuesday it secured a letter of intent with Australia’s V-Star Powered Lift Aviation for five of its Cavorite X7 hybrid-electric planes with options for 95 more. No purchase price was disclosed.
nodanator on
Love the contrast on reddit when we announce business deals with countries like Saudi Arabia and the UAE, both accused of either funding genocide or causing about 400,000 deaths in Yemen (100,000 children starved to death, for example) vs. another certain country…
But „whataboutism!“. lol
Swarez99 on
Legit, what’s up with this stock. It’s up 900 % in last 5 years.
They got rid of commercial planes and that turned company around ?
tsu1028 on
If they can deliver Saudi jets on time I’ll be pissed lol
TCNW on
Until Trump finds out about it and bribes Saudi to cancel the contract
metallicadefender on
Not a fan of the Saudis but glad for the dollars.
ProblemOk9810 on
A win for Canada and therefore the world
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This reminds me that no matter how angry the media and the population appear to be at a country (remembering the murder of a journalist from a few years) we will always forget and continue business within a couple years.
The best shortcut to this is to never fall for the outrage again.
Sounds like a win for a Canadian company and our ally.
>Montreal-based Bombardier said Tuesday it signed a letter of intent with the private charter aviation company, owned by Saudi Arabia’s sovereign wealth fund, for 12 planes and purchase options for 48 more across its Challenger 3500, Global 5500, and Global 8000 offerings.
Hell. Fucking. Yeah.
Prices for these aircraft range quite a bit and I’m sure Bombardier put up some very competitive bids, but assuming an average price of ~$47M (indicated in the article for the first 12) then this purchase could be worth $2.8 billion. That’s before we consider any upgrades or consider how many of them might be the Global 8000 (a pricier aircraft) when all’s said and done.
This is what you get for simply putting out the best dam product on the market. The Global 8000 in particular is the fastest commercial aircraft since the Concord. Quite simply, it’s the best aircraft of its kind. Canadian aerospace has been *consistently* putting out best-in-class products and it’s awesome to see them winning on the global market.
The biggest challenge now seem to be finding ways to ramp up production to meet the order backlog that’s continuing to grow. Call that one a good problem.
neato
Great! Probably because in Canada, you can get things done without bribing the leader 😜
Also from the globe article:
>Horizon Aircraft, a developer of vertical takeoff and landing (VTOL) aircraft based in Lindsay, Ont., said Tuesday it secured a letter of intent with Australia’s V-Star Powered Lift Aviation for five of its Cavorite X7 hybrid-electric planes with options for 95 more. No purchase price was disclosed.
Love the contrast on reddit when we announce business deals with countries like Saudi Arabia and the UAE, both accused of either funding genocide or causing about 400,000 deaths in Yemen (100,000 children starved to death, for example) vs. another certain country…
But „whataboutism!“. lol
Legit, what’s up with this stock. It’s up 900 % in last 5 years.
They got rid of commercial planes and that turned company around ?
If they can deliver Saudi jets on time I’ll be pissed lol
Until Trump finds out about it and bribes Saudi to cancel the contract
Not a fan of the Saudis but glad for the dollars.
A win for Canada and therefore the world