C-Series

L-1011 · Post by **L-1011** » Sun Aug 10, 2014 6:15 pm

Any news? Seems kinda quiet... Last news I heard was of the lay-offs. Anyone have any updates? Good or Bad

MCB · Post by **MCB** » Sun Aug 10, 2014 7:20 pm

I bought stock at 3.60. It's up to 3.83 with a target of 4.50 - 5.00.

Let's hope there is good news soon!

Gino Under · Post by **Gino Under** » Wed Aug 13, 2014 1:33 pm

Recent press articles suggest Bombardier aren't convinced P&W have a fix for that engine failure yet. That reasonably quick return to their flight test program isn't looking so quick anymore.
Could there be more to this than meets the eye?
No news may not be good news.

Gino Under

iflyforpie · Post by **iflyforpie** » Wed Aug 13, 2014 4:39 pm

They are in Quebec, aren't they (Bombardier and P&WC)? There isn't a surer bet in this country..... it will just be a question of how many public dollars it will take. I'm sure the debt for the Challenger/CRJ is still on the books.

Nark · Post by **Nark** » Wed Aug 13, 2014 7:02 pm

Iflyforpie:

Whats the back story on the CRJ?
Other than it's a POS that is only popular because Canada backed loans for foreign carriers to purchase them? Or is that the story?

iflyforpie · Post by **iflyforpie** » Wed Aug 13, 2014 7:17 pm

In 1986, Canadair was wallowing in debt from the development of the Challenger. The Canadian Government bought it, and then sold it to Bombardier in 1990, presumably without any of the attached liabilities.

Nark · Post by **Nark** » Thu Aug 14, 2014 1:14 am

Interesting. Thanks.

Jack Klumpus · Post by **Jack Klumpus** » Sat Aug 16, 2014 1:37 am

I was hoping to see it picked up bonne of the major Middle East airlines.

thirdtimecharm · Post by **thirdtimecharm** » Mon Aug 18, 2014 12:02 am

Innarresting...

https://www.nfb.ca/film/challenger_an_i ... al_romance

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