Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRAF | BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | BOMBF | T.BBD.PR.D | BDRPF | BDRXF

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... see more

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Bombardier Inc. > anyone have details of the final union agreemenet

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Post by stock4life48 on Jul 10, 2024 6:40pm

anyone have details of the final union agreemenet

What were the wage increases over year 1, year 2 and year 3? any other cost increases that also might exist? thanks

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Comment by Tempo1 on Jul 10, 2024 6:59pm

From Aviation International news: ....An 18-day strike that brought Global 5500, 6500, and 7500 assembly to a halt at Bombardier’s production facility at Toronto Pearson Airport ended this morning. The 1,350 unionized plant workers, represented by Unifor Locals 112 and 673, ratified a three-year collective agreement today that provides a 12.5% wage increase over that span.....

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Comment by stockitnow on Jul 10, 2024 7:00pm

12.5% over 3 years. And increase to pension (amount not disclosed). They were or strike for 18 days. https://www.unifor.org/news/all-news/strike-bombardier-ends-after-members-ratify-new-contract

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