RE:RE: RE RE:Air Canada fuel are based in US$ good for BOmbardier
i'm not disputing the savings on the Canadian worker brings to the bottom, but rather most if not all those savings are off set by the lower C$. We always compare to the US$ but look at the global supply chain are global work force. Transportation is Euro heavy, the company reports in US dollars, aircraft are sold in US dollars, they have workers in over 40 countries. The cuts will be focused on manufacturing and assembly, engineering, sales, after-sales support, and other support functions. Not the high paying HQ types here at home.
Where the 10% savings figure is something I have not seen or heard but I will take your word on it Kusch but what about those in Europe and down south is it enough to offset those here.
https://www.bombardier.com/content/dam/Websites/bombardiercom/supporting-documents/BA/Bombardier-aerospace-Suppliers-Listing-By-Name.pdf