Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by stockitnowon Jul 08, 2024 3:24pm
351 Views
Post# 36123250

Strike

StrikeThis strike is happening during summer holidays.  It's  vacation time at bombardier, and it's supplier as well.  This strike will have minimum impact as it is happening during planned low production cycle.

Union members are not getting paid  by bombardier while striking.  The amount of money members are not earning while on strike will need to be made up by overtime and better deal.

The way I see it, bombardier wins.  Union will eventually get better deal  but that will not make up for the salary lost while on strike.  Productivity/efficency is low during summer and when workers come back then their will be more constant workflow and better Productivity.


I think members rejected tentative deal to see what westjet maintenance guys got.  That deal sets new baseline.  Keep in mind opposite of Bombardier Pearson factory is Pratt Canada Factory, and Air Canada has large aircraft maintenance facility at Pearson as well. All these companies rely on same skill sets.  Bombardier employees wants the best for themselves.  And I don't blame them.  Bombardier mess was created by management not Union members.  And I rather see bombardier pay them more before Pratt or AC pouches them.


Also only globals are impacted and we don't know how many global were to be build.  If it was low then it's in bombardiers favour.
<< Previous
Bullboard Posts
Next >>