You're merely quoting the 'popular' press so, what research have you done on your own to get to more accurate facts.
Bombardier are undoubtedly burning through cash as you point out.
But, the Globals and Challengers of which I speak were sold two and three years ago which means money coming in when each aircraft is delivered, so despite their burning through cash, they do have a sizeable income to offset some of their losses.
You make it sound as If they have no income. The GX7000 and 8000 delay is a sensible management decision. ESPECIALLY at a time when corporate aircraft sales are sluggish and they're burning through cash. So, what's your point?
The handling of Learjet is also sensible. Selling it would make even more sense.
Both decisions are the result of a better managed company which finally has aviation experienced executives running the show, not automotive executives as was the case.
Aircraft manufacturers don't sell aeroplanes at airshows, they sell them well before and Bombardier knew there were no new sales to be announced before they even went to Paris. The big deal was for them to finally display their aircraft, as it always is and to generate interest. Remember, this aircraft was delayed primarily due to the engine fire, a Pratt & Whitney component. Not something due to Bombardiers direct control.
Embraer is no longer in the same class as the CSeries, but I'll let you figure out why. Nice aeroplane, I agree, but it's not a CS100 or 300. More importantly, the side stick doesn't dig into your knees in a turn.
The Airbus competition is the A318 while the Boeing competition is the B737-600. Neither of these two aircraft are in production and haven't been for more than 3 years.
Airbus sold 81 A318s and Boeing sold 69 600s since their certification. Both A and B aircraft are simply too heavy and not as economical as the C. That's 150 aeroplanes or A and B in total and Bombardier have 243 firm orders before certification.
So, you're simply bashing an excellent Canadian company without researching much.
The train order book is increasing again so, let's wait and see if the company sells the Transportation division or not. Things could easily and very quickly change for this company, despite politics.
Willie
