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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 ERTguyon Apr 02, 2017 4:02pm
121 Views
Post# 26065278

Ah thank you media

Ah thank you media I may look to start buying back into this company tomorrow if Bay Street decides to dump the stock price.  The media fails to address the fact that this bail out money was given after all the layoffs took place.  However I believe if compensation is based on achievements in medium and long term targets, then these targets need to be more ambitious and aggressive, so that management can better justify their earnings.  I do realize that the pay increases in 2016 over 2015 were severely overblown, and do agree that we need to be competitive with salaries to retain talent, however I do think this management team needs to start leading by example and if they care truely about their work in this company they need to take a hit on compensation themselves.  No significant cash awards are justified when thousands of middle class workers are being laid off.  As a shareholder layoffs are a great thing for turning the company around, but not when executive staff are taking cash awards in the same breath.  I don't agree with this at all.  Stock awards need to be geared more towards long term objectives.  Pierre Beaudoin's attempt at damage control will not suffice and I really wish this clown would step aside and let someone with some competence fill his role.  That's all I have to say about that.  Cheers
Bullboard Posts