RE:RE:RE:Cirque is a company worth saving, Bombardier is notMartel said that for the moment BBD doesn't need GVT's help. Obviously this is a good sign. Begging for more money would have meant they were a step closer to bankruptcy; so things are not as bad as expected.
They are smart people and they can manufacture excellent products and make money ( look at BRP ) . For whatever reasons they made a daring decision that could make or break the company ( C-series ) and they lost their gamble.
The planes are superior to any other in the same category , but they were competing against bigger companies backed by their GVTS, something you don't see here, and while a protectionist administration ruled in the USA the biggest potential market for the planes.
It seems that by selling BT,they will have a beak from their creditors, and that will give them time. It is all they need, for they will be able to concentrate on BT and continue to build but on a larger scale planes that will be popular with the richest 1% , the big corporations and aviation companies using smaller planes.
The odds are better that they will survive they will be succesfull again.