PPRuNe Forums - View Single Post - Bombardier offers majority stake in C Series to Airbus
Old 29th Oct 2015, 18:40
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peekay4
 
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Yeah, they must be lining up more financing. I believe they are still planning to sell parts of the rail division.

Also the first payment from Quebec won't be until April 2016. They will run out of cash by then if they don't get an additional investment. I hear they've approached the Federal government for bridge financing.

Any future earnings from the CSeries must now be split in half with Quebec. That already tight margin in Bombardier's business plan is now miniscule. They'll never come close to getting their money back... they've effectively doubled the number of planes they have to sell to regain their investment.
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