posted on Jan, 17 2015 @ 11:05 AM
Bombardier is the Canadian governments champion so losing a Billion here or there isn't terrible. The interesting part is they guessed wrong about
the business class industry with a plane not able to fly far enough. It seems globalization is even farther than before now. They'll re-calibrate and
come back at it when they have the time and money.
Good point about the next bet with the C series going up against the big boys! Battling Embraer is tough as it's bankrolled by the Brazilian
government, but Boeing is a whole higher level of competition. It looks like the CSeries is over the biggest issues however...
business.financialpost.com...
Passing fuel burn expectations already is good news. They seem close enough to 300 firm orders to be off and running.
Mexico can have high speed trains by the way! The next time I ride a train again will be my lifeless body being sent to it's final resting place!