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

Industrials Aerospace & Defense

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.

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Bombardier Inc.

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Post by zimmeeon Jul 11, 2018 5:52pm

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Post# 28302771

Bombardier Transportation and Toronto Streetcars:

Post says Bombardier apologizes for Toronto streetcars

2018-07-11 09:16 ET - In the News

The Financial Post reports in its Wednesday edition that executives from Bombardier's transportation division spent Tuesday afternoon apologizing to the Toronto Transit Commission board for welding issues on its problem-plagued streetcar order. The Post's Alicja Siekierska writes that Bombardier Transportation's Americas president Benoit Brossoit and chief operating officer David Van der Wee appeared before the TTC board, the week after the transit authority said 67 of the 89 streetcars that the company had delivered had to be sent back for repairs. "First and foremost, we understand and share the disappointment of the mayor, the board and TTC riders. We truly apologize," Mr. Brossoit told the board. "I sincerely hear your frustration. Bombardier takes this situation very seriously, and I personally take this situation very seriously." The welding flaws with the new streetcars are the latest issue in the $1.2-billion order, which has been plagued by delivery delays over the past several years. While the root cause of the welding issue was corrected last year, 67 already-delivered streetcars will have to be returned to the company's plant in La Pocatiere, Que., to undergo repairs, which will take about 19 weeks.

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