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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRXF | BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | BOMBF | T.BBD.PR.D | BDRPF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by stockitnowon Jun 23, 2024 8:27pm
57 Views
Post# 36102604

RE:Strike at Toronto

RE:Strike at Toronto This won't impact Q2 deliveries but if continues for more then few days then Q3 might be impacted.


Tempo1 wrote:

Canadian workers' union Unifor said on Sunday that 1,350 of its members are on strike at jet-maker Bombardier's facilities after the two sides were unable reach a tentative agreement before the Saturday deadline.

The union's bargaining committee members are working toward an agreement, and both parties remain committed to continuing the bargaining process, Unifor said in a statement.

"Bombardier is continuing to negotiate with all parties," company spokesperson Mark Masluch said in an emailed statement to Reuters, adding that the goal remains to "swiftly reach a mutually beneficial agreement."

Negotiations continued throughout Saturday night, Unifor said, with both parties agreeing to resume discussions early Monday morning.

On another news :  June 06, 2024: 
 

UNIFOR LOCAL 112 AND 673 RATIFY NEW COLLECTIVE AGREEMENT WITH MDA SPACE
BRAMPTON, ONJune 6, 2024 /CNW/ - MDA Space (TSX: MDA) is pleased to announce that we have ratified a collective agreement with members of Unifor locals 112 and 673 associated with the company's operations in Brampton, Ontario. The significant monetary terms of the three-year agreement are as follows:

Wage increases:

-       Year 1: 2.5%
-       Year 2: 3.5%
-       Year 3: 3.0%


Note from Tempo 1 : Same Union and locals.  Not a foolish agreement. So, no reasons to be pessimists.



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