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by stlHusker 2978 days ago
"If Boeing and Airbus weren't artificially inflating administrative barriers to entry we'd definitely have more competition, and consumers would benefit, not suffer."

From the article: "For Bombardier, development of its new C-Series of planes took more time and more money - $6 billion in all - than it had anticipated, requiring what amounted to a bailout from the governments of Canada and Quebec."

Stop and parse that for a second.

1 comments

So? Big aircraft cost a lot of money and bring in a lot of money. Projects incur significant cost overruns in literally every industry.