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Bombardier, the descent into hell of a Quebec icon

2020-02-17T21:53:43.065Z


Alstom formalized this Monday the acquisition of Bombardier Transportation, the railway subsidiary of the Canadian group, for around six billion euros.


Most of the aeronautical activity last Thursday, the entire railway industry this Monday: one by one, Bombardier is selling its flagship activities. The group, in a statement released on Monday, explains " having made the strategic decision to focus exclusively on business aviation " and " that it plans to accelerate its debt reduction by the sale of its rail transport activities " .

Read also: With Bombardier Transportation, Alstom changes dimension

This drastic restructuring leaves a very bitter taste in Quebecers. The latter see in it, no more no less, than the death of a flagship of international size, the last in Quebec. For decades and until the end of the 1990s, Bombardier had been, for Belle Province, the embodiment of an industrial fairy tale, where everything seemed to succeed. A model in a province made up essentially of SMEs.

In 1937, a 30-year-old entrepreneur, Joseph-Armand Bombardier, filed a patent for an " autochenille de neige ". It is the beginning of the saga, which is gaining momentum with the marketing

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Source: lefigaro

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