In April 1987, the management team CFM International, Inc (CFMI) is considering the development of a new jet engine for the Airbus A340. Engine removal competitor created unexpected opportunities to re-enter the competition CFMI he apparently lost a few months ago. Complicating the decision was the fact that CFMI Corporation was jointly and equally owned by General Electric (USA) and Societe Nationale d'Etude et de Construction de Moteurs d'Aviation and Snecma (France), both of which had to approve any new program . Both General Electric and SNECMA, holding companies, has already moved on to other projects. Allows for the discussion of international alliances in the high-stakes, politically important, global industry. Also seen a lot of investment decisions under uncertainty. "Hide
by Michael Enright Source: Harvard Business School 20 pages. Publication Date: April 28, 1992. Prod. #: 792097-PDF-ENG
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