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Bombardier Bruised on Two Fronts with Threats to Trains, Planes


The developments imperil CEO Alain Bellemare’s 2-year-old effort to reshape Bombardier, which has also relied on financial support from Quebec and Prime Minister Justin Trudeau’s federal government.


The Rail companies are looking to join forces to compete with industry leader CRRC Corp. of China, which was formed from a 2015 merger of the country’s two main regional train makers.


Aided by its ability to finance entire projects, CRRC has won high-profile rail orders including transit contracts in U.S. cities such as Boston, Philadelphia and Los Angeles.


In a trade complaint, Boeing accused Bombardier of selling the single-aisle jetliner to Delta Air Lines Inc. at less than fair value, while benefiting from unfair government subsidies in Canada.


With the exception of a two-aircraft order from Air Tanzania in December, Bombardier hasn’t booked a major sale of C Series jets since Delta committed to buying at least 75 of the planes in April 2016.




READ MORE (IndustryWeek)


  • Siemens likely to pick Alstom for rail merger - sourcesReuters
  • Siemens and Alstom on brink of rail merger: reportPhys.Org
  • Bombardier slides on likely Siemens-Alstom deal; awaits Boeing rulingYahoo Finance UK
  • Bombardier faces increased threats to trains, planesToronto Star
  • Potential Siemens-Alstom rail merger could derail Indian Railways bidswissinfo.ch
  • Siemens likely to pick Alstom for rail merger on Tuesday: sourcesReuters
  • Siemens likely to pick Alstom for rail merger on TuesdayNasdaq
  • Impact of Siemens tie-up 'limited' for CRRCGlobal Times
  • France not worried about anti-trust review of possible Siemens-Alstom deal: sourceReuters


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Bombardier Bruised on Two Fronts with Threats to Trains, Planes

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