Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bombardier Inc. T.BBD.A

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

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

Bullboard Posts
Post by 2t3mon Jul 04, 2008 11:39am
284 Views
Post# 15257728

Union and CSeries

Union and CSeries

Article from Journal de Montreal and Translated with Google
Original french version:
https://argent.canoe.com/lca/infos/quebec/archives/2008/07/20080703-231129.html

Have a great weekend!

important vote of Machinists Sunday

Online 04/07/2008 04:00
Updated 04/07/2008 08h42

We will be very happy if the CSeries creates 2 000 jobs, but it should not be that we lose 1 500 with a transfer of jobs.

In an interview, listen to an interview with Marc Duchesne, spokesman for Bombardier.

The game is played between Mirabel and Kansas City

Yvon Laprade
Le Journal de Montreal

The CSeries approximates Mirabel.Sunday morning, 5600 Machinists at Bombardier Aerospace will vote on a draft collective agreement for the launch, eagerly awaited of these new-generation aircraft.

"We want the CSeries and we do everything we can to ensure that Bombardier chooses Mirabel," said yesterday to the Journal de Montreal, director of the machinists' union in Quebec (FTQ-IAMAW), Dave Chartrand.

The long-term contract - which is due to expire in November 2014 - provides for "operational flexibility" on the part of unionized workers.

Approach "unusual"

"We propose new ways of doing things with Bombardier. This collective agreement innovates.

"But it is intimately linked to the decision of the aircraft manufacturer to assemble the new aircraft (130 passengers) in Quebec, Mirabel," wished to clarify the union leader.

This approach to labour relations is "unusual," says Dave Chartrand. He even had a meeting with two senior leaders of Bombardier (Pierre Beaudoin and Guy Hache), June 20, on the question concerning the new draft collective agreement.

The meeting was concluded with a handshake, "says union leader.

"It is not a traditional negotiation, agreed the director of the machinists' union. The employment contract is crucial for our members.

Flexibility

"The CSeries is at stake, of course, but there are also all movement of relocation which is losing jobs in our industry," says Dave Chartrand.

According to him, machinists at Boeing are ready to "more flexibility to make the company more competitive."

Bombardier must know that they have here in Quebec, a quality of manpower that it does not find elsewhere.

"We will not be evaluated solely on the basis of wages that are paid in Quebec," he wishes to recall.

He added that this industry, which has the wind in their sails, is not immune to possible transfers of jobs where labor is cheap.

"We will be very happy if the CSeries creates 2 000 jobs, but it should not be that we lose 1 500 with a transfer of jobs.

"That is what we want to avoid. We want to find ways to keep all our jobs. It will be a diversification of production, if necessary, "insists the director to organize.

The CSeries is a program of 3 billion dollars of which the bill will be divided equally between Bombardier, governments (through loans repayable with interest) and suppliers.

Bullboard Posts