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Bombardier wants federal bailout after receiving $1 billion from Quebec

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  • May 19th, 2017 2:03 pm
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rommelrommel wrote:
Sep 23rd, 2016 10:09 pm
If it was a good investment they wouldn't need the government to invest.
Now that they got more orders, they said it's not crucial for them but could help develop a bigger version of the C series to compete even more again the big Two
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tk1000 wrote:
Sep 23rd, 2016 9:33 pm
rb wrote:
Sep 22nd, 2016 6:01 pm
There should be an environmental review, c series emit pollutants, bad for the environment... Similar to what oil pipelines go through
The C Series is less harmful to the environment than other planes in its class.

The C Series aicraft's fuel burn advantage translates directly into a 20% reduction in CO2 emissions. This means that one C Series aircraft could reduce an operator's CO2 emissions by up to 6,000 tonnes each year.
The C Series aircraft will emit 50% fewer NOx emissions relative to CAEP6 NOx Emission Standards (January 2008).
from http://commercialaircraft.bombardier.co ... nment.html

Sarcasm !
http://www.heatware.com/eval.php?id=14378

WENGER IN!!!!


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rb wrote:
Sep 22nd, 2016 6:01 pm
There should be an environmental review, c series emit pollutants, bad for the environment... Similar to what oil pipelines go through

Bombardier CSeries environmental performance confirmed by outside global agency
http://www.metronews.ca/business/2016/0 ... gency.html

MONTREAL — Bombardier says its new CSeries aircraft has received the aviation industry's first independent environmental certification, confirming the promise of a commercial jet with a substantially lower carbon footprint.

The Montreal-based manufacturer says the CS100, which was entered into service by Swiss International Air Lines in June, received the Environmental Product Declaration from Sweden's International EPD System.

"It adds credibility to what we say when we talk about this airplane being a green airplane," Fred Cromer, president of Bombardier Commercial Aircraft, said in an interview.
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From planespotting @ Berlin "AWKWARD CROSSWIND LANDING by SWISS Bombardier CS100 [HB-JBC] | 35 kts Wind [Full HD]"
Published on Dec 29, 2016
Planespotting at Berlin TXL: SWISS Bombardier CS100 (HB-JBC) Funny Awkward CROSSWIND LANDING at Berlin Tegel Airport (TXL) on very Windy Day with Gusts up to 40 knots! First we get a very nice close up view on this great looking CS100 plane and then followed by a very funny crosswind landing with bounce and one wheel set getting jammed into the ground first! (With Replay)
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Check out Delta's new Canadian airliner that's trying to challenge Boeing and Airbus
http://www.businessinsider.com/delta-bo ... at-cs100-1
In April, Bombardier Aerospace announced a mega order with Delta Air Lines for 75 of the company's C Series airliners in a deal worth up to $5.6 billion. Shortly after the deal's announcement, Bombardier flew one of its C Series demonstrators down to Delta's Atlanta headquarters for journalists and the airline's staff to get a closer look.

Although Bombardier has been a global leader in business and regional jets, the C Series is the first product from the Canadian airplane to compete against Boeing and Airbus in the mainline market. The decision to enter the market with the C Series was a major financial gamble for Bombardier, with a program price tag of $5.5 billion. Since its inception more than a decade ago, the aircraft has been beset by a series of development delays and slow sales.

In 2015, the airplane maker was forced to write down $4.4 billion and take a $1 billion bailout from the Quebec government. Even as it struggled to close a sale, Bombardier was credited with building an aircraft that's one of the most capable on the market today — besting rivals Boeing and Airbus in terms of efficiency and ability.

With the Delta order, Bombardier has not only found a US launch customer for the C Series, but it has the blockbuster deal it needed to validate the attractiveness of aircraft to other prospective buyers. The Bombardier C Series entered service in July with Swiss Global Airlines.
Here's a closer look at the airliner:
http://www.businessinsider.com/delta-bo ... 0-2016-12/
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I would not waste a penny on Bombardier and their mismanagement of a corporation heading into the dark abyss.
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tk1000 wrote:
Jan 2nd, 2017 1:49 pm
Check out Delta's new Canadian airliner that's trying to challenge Boeing and Airbus
http://www.businessinsider.com/delta-bo ... at-cs100-1

bombardier-c-series-cs100-delta.jpg



Here's a closer look at the airliner:
http://www.businessinsider.com/delta-bo ... 0-2016-12/
I wouldnt mind a booking a flight in a cseries instead of the regional embraer or even the 737s

Seems it's finally coming together for them
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eldiablo wrote:
Jan 2nd, 2017 2:00 pm
I would not waste a penny on Bombardier and their mismanagement of a corporation heading into the dark abyss.
But don't you want to support Canadian manufacturing and not those foreigners? Isn't that the RFD official position until it means paying a penny more?
Last edited by GrandePike on Jan 3rd, 2017 1:20 am, edited 1 time in total.
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CS300 getting positive feedback from AirBaltic customers...

AirBaltic: CS300 performance ‘exceeding expectations’
http://atwonline.com/airframes/airbalti ... pectations
Latvian carrier airBaltic reported its Bombardier CS300 operation performance is exceeding expectations since launching scheduled flights in December.

The CS300 launch customer took delivery of the aircraft Nov. 28, 2016, and launched its first flight from Riga to Amsterdam Dec. 14. It received its second CS300 Dec. 31. The two aircraft have completed more than 100 flights and flown over 200 hours.

“Both of our aircraft have entered full commercial operations, servicing our passengers just like any other airBaltic aircraft. The smooth operational performance is complemented by a lot of positive feedback that we receive from our customers about the improved flying experience,” CEO Martin Gauss said in a statement.

AirBaltic’s fleet also includes 12 Bombardier Q400s and 13 Boeing 737s.
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GrandePike wrote:
Jan 3rd, 2017 1:20 am
But don't you want to support Canadian manufacturing and not those foreigners? Isn't that the RFD official position until it means playing a penny more?
Yeah. I agree, no matter how crappy our own is, we should support it(bombardier). Its not that bad anyways.
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The federal government says it will give Bombardier $372.5 million in loans over four years to support the Global 7000 and CSeries aircraft projects.

Most of the money would go to the Global 7000 business aircraft program, which is scheduled to go into commercial service next year. The rest would go to the CSeries passenger jet, which was mired in delays and cost overruns prior to entering commercial service last year.

Several federal cabinet ministers made the announcement at a Bombardier facility in Montreal.

"Bombardier plays a vital role, both as an anchor employer and an innovation leader," said Innovation Minister Navdeep Bains.

"The government of Canada is proud to invest in research and development activities that secure Canadian jobs, while enabling Bombardier to grow as a globally competitive company for years to come."
http://www.cbc.ca/news/canada/montreal/ ... -1.3971263

Loan at what interest rate?
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tk1000 wrote:
Feb 7th, 2017 9:05 pm
Interest-free loans to be repaid over four years

https://www.bloomberg.com/news/articles ... sday-night
That's what they say now, after a few years they will say it was a gift.

The government first should have made a better deal with Bombardier you might get the money, but only if you get rid of the Presidents, Cao's Managers and trim the whole top end, its only those people that will line their pockets.
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