MODERN ZEN PRESENTATION
N DK
Created on April 1, 2022
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Transcript
Bombardier Inc
1. GENeral presentation
Bombardier is a multinational aerospace company founded by joseph Armand Bombardier in 1942. Its headquarters are located in Montreal , Canada . The headquarters if its transports division , bombardier transportation , located , in Berlin , Germany . The company manufactures planes , trains and provides mobility solution .
2. Divested lines of business
Aviation
Bombardier acquired Canadair for C$120 million from the Government of Canada after it recorded the largest corporate loss in Canadian history.
1989
1990
1995
2013
2016
the company acquired Short Brothers
the company founded Flexjet
the division was sold for $195 million
Bombardier delivered the first CSeries CS100 aircraft (now called the Airbus A220) to Swiss International Air Lines. Air Canada placed an order for the aircraft one day earlier.
Bombardier Capital
when it was based in Colchester, Vermont, Bombardier Capital offered financial services such as lending and leasing.
1973
1997
2001
2005
the company began transitioning some services to Jacksonville, Florida.
it ceased taking on new consumer loans.
Bombardier sold its inventory finance division to GE Commercial Finance.
Rail equipment
the company received its first order – to build MR-73 trains for Société de transport de Montréal for use on the Montreal Metro
1974
1982
1985
the company won a contract from New York's Metropolitan Transportation Authority to build 825 R62A cars for the New York City Subway for $663 million.
the company ceased manufacturing locomotives and concentrated on producing passenger train rolling stock. It acquired a 45% stake in La Brugeoise et Nivelles (formerly BN Constructions Ferroviaires et Métalliques) based in Bruges in 1986, the assets of U.S.
3. Strengths and Weaknesses
Strengths
- Diverse product portfolio
- Quality financial result and de-risked business
- Agile and superior organizational structure
- Clear strategic focus for growing revenues and earnings
Weaknesses
- Delay in production and deliveries of CSeries .
- Allegations of government subsidies .
Eric Martel
Éric Martel was appointed President and Chief Executive Officer of Bombardier Inc
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