News
Turbulence for Bombardier on rail and aerospace fronts
The U.S. Department of Commerce is due to announce its preliminary determination in the countervailing duty investigation launched by Boeing Co., which some maintain will disfavor Bombardier.
The findings come as Bombardier faces challenges in its rail operations with news of a multi-billion dollar rail merger between Siemens AG and Alstom.
Regarding the merger, Desautels professor Karl Moore comments that it will greatly hamper the company’s ability to compete on a global scale.