Trevor Davies Steve Bernier Paul Gos Jeff Cosentino
Bombardier Inc., a diversified manufacturing and service company, is a world leading manufacturer of business jets, regional aircraft, rail transportation equipment. It is also a provider of financial services and asset management. The Corporation employs 79,000 people in 24 countries in the Americas, Europe and AsiaPacific
The goal of Bombardier is that the company and management team wish to downsize the company in order to have financing for other projects that they are currently researching. That’s why they sold the recreational division (snowmobiles).
History of Bombardier
1942 - Joseph-Armand Bombardier …show more content…
August, 2000 - Bombardier signs a sale and purchase agreement with DaimlerChrysler AG of Germany to acquire its subsidiary DaimlerChrysler Rail Systems GmbH, based in Berlin. December 13, 2002 - Robert E. Brown leaves Bombardier and Paul M. Tellier is appointed President and Chief Executive Officer, effective January 13, 2003. April 7, 2003, Bombardier wins its biggest ever transportation supply contract worth $7.9 billion for the London Underground in U.K December 2003 - as part of the recreational products segment, this business is sold to members of the Bombardier family
Bombardier has become the third largest civil aircraft manufacturer worldwide. Currently leading the business jet and regional aircraft markets worldwide as well as being the global leader in passenger railcar manufacturing.
Lear Jet & Rail Car
Revenue for Bombardier 2004:
-Manufacturing 17,270 million -Services 2, 407 million -Financing 447 million -Other 1,197 million
Financial Overview (cont)
Headquarters are in Montreal, Canada, and the corporation has a workforce of some 75, 000 people and