Moderators: richierich, ua900, PanAm_DC10, hOMSaR
YVRing wrote:
I assume Downsview cannot be used for commercial aviation?
Skywatcher wrote:This should have been done years ago. I suspect that the ownership of the land is intertwined with numerous government entities which will likely complicate the process unfortunately. For all the bad press that BBD receives from the Toronto based media (horrible subsidies even though Oshawa/Oakville car industry received 15 billion etc.) it'll be interesting to see what the reaction will be when BBD closes down one of the largest remaining manufacturing facilities in the GTA.
ExMilitaryEng wrote:
BBD has said repeatedly it's losing $ with every Q400 sold. Something has to give.
.
1900Driver wrote:ExMilitaryEng wrote:
BBD has said repeatedly it's losing $ with every Q400 sold. Something has to give.
.
Source?
leghorn wrote:1900Driver wrote:ExMilitaryEng wrote:
BBD has said repeatedly it's losing $ with every Q400 sold. Something has to give.
.
Source?
https://www.fliegerfaust.com/bombardier ... 01163.html
q400 project still not sold though.
leghorn wrote:it is a direct quote.
queb wrote:In fact, only the site has been sold, the plant will be relocated at Pearson Airport.
northstardc4m wrote:queb wrote:In fact, only the site has been sold, the plant will be relocated at Pearson Airport.
Again only the Global Business jets are being moved to Pearson, not the Q400... they have not stated where the Q400 line will be moved to.
Skywatcher wrote:I am of the opinion that as much as BBD is accused of being a subsidy pig the city of Toronto/province of Ontario don't seem to have stepped up to the plate very much. The BBD production facility is the largest industrial manufacturing employer in Ontario I believe. Maybe the Ontario government will have to show a bit of love to keep BBD there?
northstardc4m wrote:production site leased at YYZ from GTAA (wonder where...).
Skywatcher wrote:Good news-they need the liquidity. It looks like 5 years until they have to move the Q400 production facility.
I'm sure they can play the "subsidy game" during that time before deciding which city offers the most enticements. I am of the opinion that as much as BBD is accused of being a subsidy pig the city of Toronto/province of Ontario don't seem to have stepped up to the plate very much. The BBD production facility is the largest industrial manufacturing employer in Ontario I believe. Maybe the Ontario government will have to show a bit of love to keep BBD there?
golfradio wrote:Found a link in the local Mississauga News https://www.mississauga.com/news-story/ ... ssissauga/
leghorn wrote:Maybe I've become desensitized to high property prices but that sale price seems poor to me for a large connected flat site so close to a large population centre.
Candadian Dollars don't look good when converted to Euro.
Noshow wrote:A long time ago the Q400 assembly was said to be moving to Ulyananovsk, Russia, wasn't it? What happened to those plans?
Bombardier Inc. has put on hold a $3.4 billion (U.S.) plan to build up to 100 Q400 turboprops in Russia due to the political situation there.
“We are not moving ahead because the conditions are not right at this point in time for a joint venture in Russia,” said Bombardier president and CEO Pierre Beaudoin on a conference call with reporters on Thursday. “It’s been pushed back to at least 2015,” Beaudoin said. “Given the political situation and the economy in Russia, we are setting this project aside for the time being.” Canada has been a vocal critic of Russian president of Vladmir Putin over Russia’s annexation of Crimea and arming of rebels in Ukraine’s east. Canada joined the European Union and the United States in imposing sanctions on Russia.
jalarner wrote:golfradio wrote:Found a link in the local Mississauga News https://www.mississauga.com/news-story/ ... ssissauga/
Interesting to see that... I actually have a trade show there this weekend (setup is happening right now).
Since the International Center used to be Orenda Engines there used to be the rail line across Airport Rd. into MDD/Boeing...I wonder if that might reappear. It would make sense in the N.E. corner since the land has been vacant since MDD/Boeing was torn down. Lots of free space, and lots of possibilities.
Skywatcher wrote:If they don't move soon the union will likely extract >400k per aircraft out of them. If I was BBD I would expect Doug Ford to kick in some cash to remain in Ontario (maybe North Bay?) or move somewhere else where the unions aren't so difficult and/or the government is more welcoming. Either that or start the process of shutting down the program. It can't be very profitable at this point.
ddp wrote:Skywatcher wrote:If they don't move soon the union will likely extract >400k per aircraft out of them. If I was BBD I would expect Doug Ford to kick in some cash to remain in Ontario (maybe North Bay?) or move somewhere else where the unions aren't so difficult and/or the government is more welcoming. Either that or start the process of shutting down the program. It can't be very profitable at this point.
Unless there is a lot of government cash, does North Bay make any sense?
You would think it would be near an airport with a large footprint and near supply chains. Hamilton could work. Even places like Windsor or Kingston.
I really do think the q400 may just be scrapped all together at some point. Probably made more money off the land vs the plane.