Stand and deliver!
The Highway Man. The
dreaded mounted and
masked Highway Man of
yore has returned. This
time he is not content
to draw his pistols
on a coachload of travellers,
and demand that they
hand over their purses,
rings, jewels, and whatever
other valuables they
might have with them.
This time he wants more,
and he has assumed a
new guise. He is no
longer the semi-romantic
figure in a tale from
the eighteenth century.
Now he has adopted a
new identity, a corporate
identity, and his demands
are greater, far far
greater. If they are
not met, look out! Look
out cities, look out
governments, look out
taxpayers!
Reports of his new corporate
incarnation appeared
on the same day in newspapers
in both Canada and Ireland.
Bombardier, the Canadian
aircraft manufacturer,
bluntly told the Canadian
government that unless
it provided more financial
support it will assemble
a new type of aircraft
in its plant in Belfast.
"I'm not threatening.
I'm telling the truth",
said Bombardier's chief
executive, Paul Tellier,
in Montreal, on Tuesday,
February 17.
In quick response, UUP
East Belfast Assembly
member Sir Reg Empey
urged the UK government
to give full support
to Bombardier.
A former Industry Minister
in the Six Counties,
he added: "We cannot
assume that Shorts'
parent company is intending
to carry out the work
here but certainly signals
are being made".
Mr. Tellier said government
support was provided
to the aerospace industry
in France, Great Britain,
Brazil, and the United
States. "If Canada
thinks that Bombardier
and its suppliers can
do this (new aircraft)
all by themselves, they're
(sic) dreaming."
He placed the cost of
developing the new aircraft
at $2 billion Cdn.
"We can't expect
our shareholders to
assume these risks by
themselves", he
added.
"Stand and deliver"
has taken on a new meaning
in our great new world
of multi-national corporations.
--30--
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