Report
Chris Higgins
EUR 101.80 For Business Accounts Only

Airbus-Bombardier Partnership Is All About Squeezing Boeing

After the market close Oct. 16, Bombardier announced that Airbus would acquire a majority stake in the Bombardier C Series program in a noncash deal. We think Airbus wants to bring additional pressure to bear on Boeing’s narrow-bodies and expand its North American and Chinese footprint. Bombardier gets a strong sales, marketing, and customer support partner on an aircraft program that was facing sales headwinds, including potential U.S. tariffs. We plan to revise our C Series estimates and antic...
Underlying
Airbus SE

Airbus is an European Aeronautic Defense and Space company whose core business is the manufacturing of commercial aircraft, civil and military helicopters, commercial space launch vehicles, missiles, military aircraft, satellites and defense systems and defense electronics and the rendering of services related to these activities. Co. organizes its businesses into the following five operating divisions: Airbus Commercial, Airbus Military, Eurocopter, Cassidian and Astrium. In addition, Co.'s Other Businesses division engages in the development, manufacturing, marketing and sale of regional turboprop aircraft and aircraft components.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Higgins

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