Media: Bombardier may request from the government of Canada’s financial assistance

OTTAWA, November 2. /Corr. Daniel Studnev/. The canadian engineering company Bombardier may request financial assistance from the government of Canada. This was reported by the TV station CBC.

According to him, the speech can go about allocation of Bombardier not less than $350 million CBC added that the request has already been sent to the government of Canada and will be reviewed after the acting Prime Minister Justin Trudeau on November 4 will announce the composition of the new government. “I will continue to consider strategic options (development company) in all directions. We will continue to look for them to do business and increase efficiency (the company) for the benefit of our customers and shareholders,” he quoted the channel’s President and CEO Alain Bombardier Belmar.

In addition, the company intends to continue to transfer part of their production in “low cost countries” such as Mexico or China, where some components are now made of these canadian aircraft. It is possible that third countries can transfer the Assembly of the Q400 aircraft. Earlier, their production was planned to begin in Russia. In February this year, Bombardier Director for business development in Russia, CIS and Eastern Europe mark Gilbert said that due to the economic situation, the company suspended the launch of the project for the mass production of Q400 aircraft in Russia. “As soon as the economic situation changes, negotiations on this issue will be resumed”, – he added. Bombardier together with the state Corporation “rostec” 2015 was supposed to begin in Ulyanovsk the Assembly of Q400 aircraft. The project was planned to produce up to 24 aircraft per year.

29 October it became known that the authorities of the canadian province of Quebec Bombardier to invest $1 billion we are Talking about investments in the construction of medium-haul passenger aircraft C Series. Under the deal, the government of qu├ębec will receive a 49.5% stake in this project, Bombardier is 50.5%.

Earlier, Bombardier announced that for the third quarter has suffered losses in the amount of $4.9 billion Of which $3.2 billion are in the C Series program and $1.2 billion for losses from the project business aircraft Learjet 85. In this regard, Bombardier announced that temporarily freezes the Learjet 85 project.

The canadian engineering company Bombardier Inc. is the world’s largest manufacturer of passenger trains, and the third – for the construction of civil aircraft.