Product details

In April 1987 the management team of CFM International, Inc (CFMI) was considering developing a new jet engine for the Airbus A340. The withdrawal of a competitor''s engine had created an unforeseen opportunity for CFMI to re-enter a competition it had apparently lost several months earlier. Complicating the decision was the fact that CFMI was a corporation jointly and equally owned by General Electric (US) and the Societe Nationale d''Etude et de Construction de Moteurs d''Aviation, or SNECMA (France), both of which had to approve any new programs. Both General Electric and SNECMA, the owning companies, had already moved on to other projects. Allows for discussion of international alliances in a high stakes, politically salient, global industry. Also addresses large investment decisions in an uncertain environment.