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Originally Posted by Tacopuck
Good.Hopefully this acts as a catalyst to stop ALL government subsidies / loans / bailouts to Bombardier.
Either they fail, or restructure so they can compete without the aide of the government.
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They've had two hammer blows in the last two weeks. first the merging of two rail giants in Europe which will pretty much knock Bombardier out of the European rail market, and now this ruling (the 220% tariff is pretty ludicris but most Analysts stated that they were going to lose this challenge anyways).
Bombardier is effectively having markets ripped away from them, if they lose the dumping ruling next week, they're probably pretty close to done in Aerospace in North America, and Airbus will probably go after them hard in Europe.
With the Rail business in Europe pretty much blocked, there's not much more that Bombardier can do.
Time to either break it up or break it up and sell.