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Old 09-27-2017, 09:47 AM   #2
Phil1111
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Join Date: Sep 2017
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Nah, like the dairy lobby, the Beaudoin-Bombardier family knows the levers of Quebec and federal cash.

They keep their 1.6 billion net worth firmly in check with dual class shares that don't allow common shareholders from holding their mistakes in management to account.
http://www.canadianbusiness.com/list...ardier-family/

"On 28 Oct. 2015, Bombardier cancelled the Learjet 85 aircraft program due to the lack of sales following the prolonged market weakness. As a result, a $1.2-billion charge was recorded in special items in the third quarter of fiscal year 2015," Part of a $4 billion dollar loss.
http://www.intelligent-aerospace.com...nvestment.html

The Learjet 85 was a engineering bungling nightmare. Nobody was fired from that misadventure and they repeated their mistakes with the CS series.They moved production to Mexico - Querétaro, wanted to develop a carbon AC in a area without engineering or local aerospace talent.
https://www.flightglobal.com/news/ar...jet-85-377665/

Bombardier consistantly overeaches for production and technical goals. For which experienced management failures are never addressed.
https://leehamnews.com/2014/09/15/em...-and-fortunes/
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