Boeing drops plans for JV cargo plane

C-27J Spartan at Le Bourget, M. van Leeuwen

C-27J Spartan at Le Bourget, M. van Leeuwen

Boeing Co. says economic conditions have forced it to drop a planned joint venture to build C-27J cargo planes with Alenia North America, a unit of Italy’s Finmeccanica SpA. “For us, it wasn’t about the airplane. It wasn’t about the team,” a Boeing spokesman said. “It’s purely about the economic climate.”

 

Source: Reuters