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Bombardier Social Responsibility

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Along with being known as Quebec’s “crowned jewel”() bombardier has made itself a name throughout the country since it was first founded in 1942.() Even though its popularity made it easy for Bombardier to launch such an ambitious plan as the C-Series, many Quebec taxpayers are wondering if it is worth continuing to invest into their beloved gem. Bombardier shares have fallen drastically over the last year as they announce that they are accumulating more and more debt. Their one year return is looking dreadful with a whopping -60.88%. If the situation couldn’t seem worse for investors, professionals say that “there are not seeing profitability in the C-Series until 2020.” () Also, whilst Bombardier’s C-Series has been falling behind schedule, Boeing and airbus have interpreted this as a chance to a “head start” and have begun fitting their older aircrafts with newer engines so they could sell mass amounts of their “new” …show more content…

This decision would be the most beneficial in solving their ethical issue because their already so deep into the project that it wouldn’t be worth it to pull out now. The government of Quebec has given the company 1 billion dollars to help finalise the project and now they are trying to drag in the federal government as well to contribute. Although it doesn’t seem like much it will definitely help Bombardier as they launch their planes. Bombardier has already pre-sold 250 planes but that is not too far off their target which was 300 pre-sold C-series jets. If they continue to spend into their projects than more commercial airliners will notice that finally there is some progress and may want to purchase some C-Series jests as well. The C-Series jets are also the most technologically advanced in its class at this point in time. This means that within a few years after its official launch, not only pilots but also passengers will spot the differences between the older Airbus and Boeing models compared to the newer, quieter C-Series which ultimately pushes commercial airlines to purchase more of these jets. This would result in more profitability for Bombardier and an equity of 49% for Quebec taxpayers which was part of the deal the Quebec government made with Bombardier in exchange for the 1 billion

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