Quebec’s US$1B deal gives Bombardier ‘breathing room’
Bombardier says a US$1-billion lifeline from the Quebec government will help complete development of the CSeries and restore customer faith in the delayed and costly commercial jet program.
... Karl Moore, professor at McGill’s Desautels Faculty of Management, said the deal doesn’t solve all of Bombardier’s cash flow problems, but does give it “breathing room.”
Read full article: Canadian Manufacturing, November 2, 2015