Sourcing Parts For An Edsel

I think the senior management at TransLink are worried, very worried.

Bombardier is in serious finical trouble and is wanting to sell its rail division.

With Covid-19, all deals are off, as transportation conglomerates cut operations to suit their immediate financial needs.

Bombardier has now ceased all production and it is doubtful that Bombardier continue producing transit designed for niche markets, such a Movia Automatic Light Metro.

The immediate effects are that delivery dates for new MK III cars will be pushed back and spare parts will become even more scarce.

If the covid-19 scare lasts several months, the SkyTrain lobby had better be prepared for some sobering news as other transit companies may not want to produce vehicles and parts for a niche railway system that no one wants.

Ever try sourcing spare parts for an Edsel today?

Bombardier temporarily ceases work at its Canadian facilities

*

Posted on March 24, 2020

*

Employees impacted by these temporary shutdowns will be placed on furlough, as will corporate office employees whose support functions are

less critical in the short-term. Bombardier Bombardier announced that in support of the recent mandates from the Governments of Quebec and Ontario to help slow the spread of the COVID-19 pandemic, it will suspend all non-essential work at most of its Canadian-based operations starting this evening at 11:59 pm until April 26, 2020, inclusively. The suspension includes Bombardier’s aircraft and rail production activities in the provinces of Quebec and Ontario.

*

Employees impacted by these temporary shutdowns will be placed on furlough, as will corporate office employees whose support functions are

less critical in the short-term. During this furlough period, Bombardier’s CEO and senior leadership team will forgo their pay, and the chairman and members of the board have agreed to forgo board compensation for the remainder of 2020.

*

Bombardier is also suspending its 2020 financial outlook as it evaluates the impact of temporarily closing its Canadian operations, as well as other actions being taken in response to the COVID-19 pandemic. “Since the corona virus outbreak, the company has been focused on keeping our employees safe, serving our customers to the best of our ability during these difficult times and taking the necessary actions to protect our business for the long term,” said Pierre Beaudoin, chairman of the board of directors at Bombardier Inc. “In addition to the actions announced today, Bombardier has cut all discretionary

spending, is continuing the work on closing the previously announced transactions, and is pursuing additional measures to enhance liquidity.”