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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 cactus26on Mar 16, 2016 10:01am
85 Views
Post# 24664100

I'm going to assume these are some of you better works!!!!

I'm going to assume these are some of you better works!!!!

Here are five other examples where Bombardier’s rail business ran into trouble.

1. The Toronto Transit Commission: The good news is Toronto’s next-generation streetcars are supposed to begin arriving at a rate of four a month beginning in April. The bad news: there were supposed to be 73 of them trundling along the streets by the end of last year, but a series of production delays meant only 16 were actually delivered. The TTC at one point considered suing Bombardier for repeated delays of its $1.25 billion order. All 204 of the low-floor streetcars are expected to be in service by 2019.

2. Swiss Federal Railways: The first of 62 double-decker trains built by Bombardier are set to go in service in Switzerland later this year, two years behind schedule. The terms of the contract had to be revised after a disagreement between Swiss Federal Railways, which complained of production delays, and Bombardier, which blamed the rail operator for tinkering with the design. Bombardier later said Swiss Federal Railways ultimately agreed to absorb the costs of the delayed schedule, and that Bombardier faced no penalties.

3. Metropolitan Transit Authority: Delays in the delivery of new Bombardier-built replacement cars means some New York City subway users will ride the same vehicles as Madmen’s Don Draper did in 1964, according to a local transit group. The only difference? “They don’t look as good as he does.” Bombardier won the contract to build 300 cars for $600 million back in 2012. The old, 1960’s-era cars were originally supposed to be phased out by 2017, but will now stick around as late as 2022.

4. City of Phoenix: Bombardier was hired in 2009 to design and build a sky train that would connect travellers at Phoenix’s Sky Harbour International Airport. But Bombardier ended upsuing a subcontractor for allegedly performing shoddy track work.

5. Amtrak: America’s first high-speed trains were delivered in 2000 by Bombardier and France’s Alstom. But they came more than a year late and initially ran at slower-than-advertised speeds between Washington, DC. and Boston. Amtrak claimed the railcars didn’t meet design specifications, while Bombardier said the data provided to it about tunnels and track geometry was inaccurate. The two sides ended up suing each other and eventually settled. Bombardier said in 2014 that it wouldn’t bid on replacements for the trains.

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