Bombardier CEO Eric Martel said on Monday he was concerned Washington could target the private planemaker’s U.S. contracts if Canada cancels a C$19 billion ($13.30 billion) deal for 88 Lockheed Martin F-35 fighter jets.
“Effectively, we could be targeted. This is my concern,” Martel told reporters in Montreal after a speech hosted by the Canadian Club.
In October, Montreal-based Bombardier announced the delivery of an eighth jet to the United States Air Force as part of a deal with a potential value of $465 million. The aircraft carry specialized communications platforms.
Oh Fuck bombardier
A few years back when the Canadian dollar was higher than the US they refused to lower their Canadian prices. So people started crossing the boarder to buy on in the US. Bombardier told the dealerships in the US they would lose their dealership license if they sold one to a Canadian crossing boarder.
Around that time they also received a large government grant. Free cash and they still wanted to fuck Canada.
This Bombardier doesn’t have dealerships.
They made aircrafts and they haven’t had anything to do with BRP for like
12 years23 years and sold off the transportation (rail) division about 5 years ago.So this is the part Trump attacked last term to protect Boeing. The Bombardier that afterwards sold a chunk of its self to Airbus
Buddy the last time we were at parity was twelve years ago.
Just looked it up, BRP was sold off from Bombardier in 2003…
Okay okay…
But tbh that only points to more shitty decisions are Bombardier. BRP is doing fine, getting rid of it was moronic.
When was the last time CAD was stronger than USD? Oh, 2013, about 12 years ago? Hmm.
BRP was separate from Bombardier since 2003.
That’s just what corporations do. Could’ve been any other corporation.