Airbus’s ingenious Bombardier plan is comeuppance for Boeing

After Boeing tried to kill Bombardier’s C-Series plane in its infancy, Airbus’s actions secure it a sizeable stake and Bombardier wins a powerful ally

Comeuppance for a corporate bully rarely arrives so swiftly or so elegantly. Boeing attempted to kill Bombardier’s C-Series plane in its infancy by getting US trade authorities to impose stiff import tariffs. Now those heavy-handed legal tactics have produced an outcome that could be damaging in the long-term for Boeing. Arch-rival Airbus has swooped from the wings to grab majority control of the C-Series and proclaim that the 300% tariffs can be side-stepped via the simple remedy of conducting the final assembly of planes destined for US customers in Alabama.

If Airbus’s plan works, it’s ingenious. It will get a 50.1% stake in the C-Series without paying a penny and will collect some cheap warrants on Bombardier’s shares. Bombardier wins in the sense that it now has a partner with the financial muscle and supply chains to make a success of the C-Series.

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Are you avoiding a trip to a UK attraction because of terror attacks?

We want to hear from people who are cancelling or avoiding major attractions and your reasons why

Some of the UK’s biggest attractions have seen a fall in visitor numbers after the recent terrorist attacks in London and Manchester, according to Merlin Entertainments.

The company which is Europe’s biggest attractions group, and runs attractions such as Madame Tussauds and London Eye, said demand for day trips fell among domestic tourists and that the attacks could have a knock-on effect on demand from foreign tourists in the coming months.

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Visitor numbers fall at UK attractions after terrorist attacks

Merlin Entertainments, which runs Alton Towers and London Eye, says domestic demand for day trips is down since March

Visitors are staying away from some of the UK’s biggest attractions after the recent terrorist attacks in London and Manchester, according to the company behind London Eye and Madame Tussauds.

Merlin Entertainments said demand for day trips fell among domestic tourists after the Westminster attack on 22 March, and deteriorated further after the subsequent attacks in Manchester and at London Bridge.

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Alton Towers visitor numbers still down since Smiler crash

Merlin Entertainments, fined £5m over rollercoaster crash in 2015, says customer volumes remain lower than two years ago

The owner of Alton Towers has said visitor numbers remain lower since the rollercoaster crash in June last year that left five people with life-changing injuries and others seriously hurt.

While business at the Staffordshire theme park, the UK’s biggest, had begun to recover over the summer, Merlin Entertainments said “absolute visitor volumes still remain some way below the 2014 level”.

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