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Public pressure, executive chairman resignation come among wider troubles for Bombardier
Ballooning C Series costs, job losses and government cash all played into the recent investor revolt at Bombardier, but running underneath are other problems: The C Series is picking up steam after a slow start, but faces new hurdles in the form of complaints filed by Boeing.
On the rail side, the company’s Swedish office has been rocked by bribery charges, while flaws are hampering rail-car development in Australia — and the company has missed delivery deadlines for Toronto’s new street cars and light rail cars.
Desautels Professor Karl Moore says the pressure will accordingly be on for the Bombardier family to reduce its board membership.