Miscellaneous News

TerraN_EmpirE

Tyrant King
The. You have the Aviation side that bet on the wrong horse. They hoped that the C Series would come on as a hot new regional but it bombed. And not for the First time. Back when it started for Fockker it bombed there to. There had been a long back and forth between Airbus and Bombardier on the C series with Airbus early on undercutting their products to pull the rug out from Bombardier. To keep the company and C series alive they had to take bailouts and loans. This eventually came calling.
And now Airbus is taking the C series. And they are pushed out of commercial for Private jets.
These aren’t conspiracies these are poor management, inability to innovate or poor positioning to maintain market.
 

supersnoop

Major
Registered Member
My thoughts exactly, which now begs the question of why?

Simple answer, Canada is a small country with a lot of protectionist tendencies. Either companies fail because they can't compete, or they get bought out because it's easy for American companies to throw money to buy Canadian companies because they are often small in scale and their is less cultural and geographical friction (vs. buying out a company in Europe)

Nortel
the company was already on the rocks when a tone of bad news came calling from High profile hacks due to poor IT security ranging from claimed ZTE to Wikileaks. Cooking the books and basically having the company sustained by bailout. CRRC that’s your answer. The Bombardier company has been in transition to the business jet arena now for a while.
Man, Nortel bugs the heck out of me. Even today in Canada, some newspaper will trot out some opinion piece by a former exec or some other troglodyte who claims Huawei/ZTE killed Nortel by hacking or IP theft while totally leaving out the cooking of the books which is what really made Nortel radioactive.

The. You have the Aviation side that bet on the wrong horse. They hoped that the C Series would come on as a hot new regional but it bombed. And not for the First time. Back when it started for Fockker it bombed there to. There had been a long back and forth between Airbus and Bombardier on the C series with Airbus early on undercutting their products to pull the rug out from Bombardier. To keep the company and C series alive they had to take bailouts and loans. This eventually came calling.
And now Airbus is taking the C series. And they are pushed out of commercial for Private jets.
These aren’t conspiracies these are poor management, inability to innovate or poor positioning to maintain market.

Back to the train side. They were also hampered by awful quality control. Recent deliveries to MTA, and Canadian transit operators were all hampered by quality issues. These aren't high tech pieces of equipment like C-Series, just basic trainsets. If you can't even get those right and on-time, what hope is there?
 

Gatekeeper

Brigadier
Registered Member
View attachment 57567

This man is for real guys LOL

I won't go as far as callling him the real deal! But I'll say this, he is the real CAPITALIST!

And as such, he recognise stopping engine sales is going to harm USA economic interest in the short and medium term! Not just the engines, but all the other partners associated with the C919 programe. Even though it might not be in the USA long term interest!

But in the words of the great British economists J M Keynes, "in the long run, we all be dead"!
 
I think linking here this SCMP article is warranted

US sets sights on Harvard professor and universities over Chinese funding amid heightened fear of IP leaks
  • Charles Lieber, charged with lying over his ties to China, received US$50,000 a month and US$1.5 million to start a research lab in Wuhan, prosecutors allege
  • ‘This is a new front,’ one expert says. ‘This wake-up call is far louder because of who this person is, his ethnicity and the institution for which he works’
Please, Log in or Register to view URLs content!
 

manqiangrexue

Brigadier
I won't go as far as callling him the real deal! But I'll say this, he is the real CAPITALIST!

And as such, he recognise stopping engine sales is going to harm USA economic interest in the short and medium term! Not just the engines, but all the other partners associated with the C919 programe. Even though it might not be in the USA long term interest!

But in the words of the great British economists J M Keynes, "in the long run, we all be dead"!
He did not say the real deal; he said for real. Like I can't even believe a real person can contradict himself so badly in such a short time.
 

broadsword

Brigadier
CRRC that’s your answer. The Bombardier company has been in transition to the business jet arena now for a while.
CRRC Massachusetts opened a assembly plant not 20 miles from my front door last September. You have a Canadian train maker trying to compete at best as third place against a French Train maker and oh yeah the worlds largest train maker who happens to be a Chinese State Owned Enterprise... is it any wonder they decided to offer up that side to the French maker?

If I am not mistaken, Bombardier is closing only its aerospace business, despite CRRC's rise. Bombardier makes more technologically advanced trains and has diversified variety.
 

PiSigma

"the engineer"
It sounds as though not a love lost between Canadian government and Quebec!?
Actually Canadian federal government supports Quebec more than any other province (they get over 50% of transfer payments for quarter of population) because their votes make or break a federal election. Rest of country don't care for Quebec at all.
 

PiSigma

"the engineer"
Nortel, Blackberry, and now Bombardier.

Successful Canadian companies either get bought by US companies, or end up bankrupt.
Nortel failed because of the Dotcom bubble burst that exposed their cooked books. Blackberry didn't go the full screen route, which ironically is why they are loved by business users. But that means less personal users. Bombardier is simply inefficient (or corrupt).

There are plenty of other big Canadian brands that are still around and growing like arcteryx and Lululemon, sure they are in clothing and not high tech, but instantpot is Canadian!
 
Last edited:
Top