Elevate your local knowledge
Sign up for the iNFOnews newsletter today!
By the numbers: A look at Montreal aerospace giant Bombardier
MONTREAL – Bombardier said Wednesday it’s cutting 7,000 jobs, but in doing so it announced a deal with Air Canada that could serve as a life preserver for the aerospace giant, which has struggled to sell its CSeries line of passenger jets.
Here’s a By-The-Numbers look at Bombardier:
$8.5 billion: The amount of loans that Export Development Canada has given to customers of Bombardier over the last five years to buy the company’s planes and trains.
$467 million: The amount of loans that Ottawa and Quebec has given to Bombardier for the CSeries aircraft.
US$1 billion: Quebec’s investment in Bombardier announced last October.
64,000: The number of workers Bombardier will employ once the job cuts announced Wednesday are implemented.
75: The maximum number of CSeries 300 jets that Air Canada could buy from Bombardier under a letter of intent announced Wednesday.
0: The number of CSeries jets that have been delivered since 2009, when airlines began ordering them.
News from © The Canadian Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Join the Conversation!
Want to share your thoughts, add context, or connect with others in your community?
You must be logged in to post a comment.
