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 Av8r777on Feb 26, 2013 2:46pm
323 Views
Post# 21044425

Thameslink prospect

Thameslink prospect

 

Union leader says case for awarding Derby’s Bombardier £1.4 billion Thameslink contract “rock solid”
Tuesday, February 26, 2013RJohnson_dtFollow
A UNION leader has said that the case for awarding Derby train-maker Bombardier the £1.4 billion Thameslink contract “remains rock solid”.
 
Bob Crow, general secretary of the RMT union, made his comments as he reacted to a Public Accounts Committee report released today that said the Department for Transport’s handling of the West Coast Main Line franchise deal would cost taxpayers “£50 million at the very least”.
 
 
The committee said the DfT showed “a complete lack of common sense” and accused it of making “fundamental errors” and failing to learn from “previous disasters”.
 
Last year, Transport Secretary and MP for Derbyshire Dales, Patrick McLoughlin, scrapped the deal after flaws were discovered in how the bids were evaluated.
 
Mr Crow said that the DfT’s handling of West Coast and its decision in 2011 to award the Thameslink contract to German manufacturer Siemens, instead of Bombardier, showed it could “not be trusted”.
 
He said: “The stench from the fall out of the West Coast franchise continues to hang over Britain’s transport industry as it becomes clearer with every examination that the ministers responsible for this shambles could not be trusted to run a pitch at a car boot sale let alone multi-billion pound government contracts.
 
“No wonder the Thameslink/Siemens fleet contract remains unsigned nearly two years on with these jokers at the helm and the case for that work to go to Derby and not Germany remains rock solid.”
 
A DfT spokesman said the department had taken steps to ensure there could be no repeat of the West Coast failure.
 
10
 
 Report
 
 
 
Bullboard Posts