鈥淎 new U.S. airline start-up announced its plans Tuesday to buy 60 Airbus A220-300 aircraft, with deliveries beginning in 2021. (鈥) Airbus markets and supports the A220 aircraft, which is manufactured under the recently finalized partnership agreement between Airbus, Bombardier & Investment Qu茅bec.鈥 ()
Bombardier Inc. announced it has sold a majority stake in its CSeries passenger jet business to European aerospace giant Airbus for no cost. ()
While high risk, airplane maker鈥檚 preferred shares could offer high reward.聽Bombardier Inc. is teetering on the edge of a financial precipice.
Bombardier has warned of another challenging year in 2016 before the transformation it has launched, including cost-cutting efforts and shifts in production to low-cost centres, deliver a financial turnaround by 2020.
Karl Moore, professor at 9I制作厂免费鈥檚 Desautels Faculty of Management, said Bellemare has demonstrated that he鈥檚 assembled a team of seasoned veterans who have developed a credible plan to propel the company forward now that public funding has eliminated worries about its survival.
Bombardier聽has signed a deal that will see the聽Caisse de d茅p么t et placement du Qu茅bec (CDPQ) invest $1.5 billion US聽in a newly聽created company that will hold the company's rail transportation business.
...听Karl Moore, an associate professor at 9I制作厂免费, said it's a solid business deal, with more upside than Quebec's investment in Bombardier's CSeries program.
Read full article: , November 19, 2015
Karl Moore explains why getting a piece of Bombardier鈥檚 rail business is a good deal for the Caisse.聽
Watch the interview: , November 19, 2015
Bombardier et le gouvernement du Qu茅bec ont cr茅茅 une soci茅t茅 en commandite pour y placer tous les actifs li茅s 脿 la C聽Series et le milliard de dollars am茅ricains offert par Qu茅bec pour mener 脿 bien le projet. Comment 莽a fonctionne聽?
... 芦聽Dans ce cas-ci, c鈥檈st un v茅hicule appropri茅, commente Ken Lester, professeur 脿 la facult茅 de gestion Desautels de l鈥橴niversit茅 9I制作厂免费. Ainsi, le Qu茅bec ne va jamais perdre plus du milliard qu鈥檌l a investi.聽禄
Bombardier says a US$1-billion lifeline from the Quebec government will help complete development of the CSeries and restore customer faith in the delayed and costly commercial jet program.聽
... Karl Moore, professor at 9I制作厂免费鈥檚 Desautels Faculty of Management, said the deal doesn鈥檛 solve all of Bombardier鈥檚 cash flow problems, but does give it 鈥渂reathing room.鈥
With Bombardier struggling with a multi-billion dollar loss this year, the Quebec government is riding to the rescue.
Management professor Karl Moore agrees that Bombardier is a critical part of Quebec's economy.
"Part of it is that it's a great part of our history. One of Quebec and Canada's few multinationals developed and built around the world," said Moore.
Bombardier is reportedly getting a helping hand from the government of Quebec, but聽Karl Moore, Professor of Business Strategy, 9I制作厂免费 says you shouldn't expect any change to the dual-class share structure as a result. 鈥淚 would say it鈥檚 99 per cent that tomorrow (Thursday) the premier of Quebec will announce support for Bombardier,鈥 said Karl Moore, a professor at 9I制作厂免费鈥檚 Desautels Faculty of Management, citing conversations with senior people in both Bombardier and the provincial government.
Bombardier Inc.鈥檚 founding family now has more of its wealth tied to legacy snowmobile company BRP Inc. than to the global plane and train manufacturer, a curious situation caused by Bombardier鈥檚 spectacular stock collapse this year.聽
Karl Moore, Professor of Business Strategy, 9I制作厂免费 discusses the hurdles Bombardier faces and why he says it's inappropriate to compare Bombardier with other Canadian corporate titans that have fallen from grace.
Read full article: , July 24, 2015
Plusieurs entreprises qu茅b茅coises ont connu une ann茅e mouvement茅e en 2014; si certaines ont r茅alis茅 d'importantes acquisitions, d'autres ont proc茅d茅 脿 des suppressions d'emplois massives, se sont d茅parties d'actifs et ont m锚me mis fin 脿 leurs activit茅s.
...听芦L'entreprise anticipait des millions de dollars en revenus pour la CSeries et ils ont finalement d茅pens茅 beaucoup plus que pr茅vu禄, fait remarquer Karl Moore, professeur associ茅 en strat茅gie et leadership 脿 l'Universit茅 9I制作厂免费.
The problem is not that Bombardier Inc. played a complex shell game since at least 2010 by refinancing and redirecting US$500 million of its financing activities to Luxembourg, a notorious tax haven.
...听Ken Lester, adjunct professor of finance at 9I制作厂免费鈥檚 Desautels Faculty of Management, said in an interview that 鈥渢his is a social thing we have to resolve.鈥