MRO demand will grow a paltry 1-2% in this year while global air transport capacity will increase a healthy 5-6%. Why the divergence?

There are three alternatives for the world’s third-largest civil aircraft manufacturer to survive: sell assets, shut down the C Series or accept government intervention.

Fantastic earnings, a large backlog, high entry barriers and fortuitous timing. What isn’t to like about this deal? I have several important concerns.