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DollarGuru | 6 years ago
It's seems better to have 2 manufacturers supported by government than to have only 1 that essentially owns the whole market.
DollarGuru | 6 years ago
It's seems better to have 2 manufacturers supported by government than to have only 1 that essentially owns the whole market.
camillomiller|6 years ago
defertoreptar|6 years ago
> Myth: Aerospace is different from other industries and requires some level of government support.
> Fact: Boeing has proven otherwise. We have financed all of our new airplane programs without the kind of government handout that launch aid represents.
http://www.boeing.com/company/key-orgs/government-operations...
inferiorhuman|6 years ago
https://www.latimes.com/business/hiltzik/la-fi-hiltzik-boein...
https://www.seattletimes.com/seattle-news/boeings-historic-t...
Boeing doesn't necessarily get direct subsidies but they get hefty tax breaks. Boeing will almost certainly get bailed out by the feds if the MAX or 777X come close to bankrupting them.
blub|6 years ago
But it's clear that both these companies are getting a ton of government contracts and have a special relationship with the US/EU.
https://www.bloomberg.com/news/articles/2019-03-28/wto-issue...