Why is that their "only option"?
If they were keen to merge with their biggest competitors, something's rotten behind the scenes. It's either merge or go under and have the company taken apart piece like piece like Nortel.
(09-26-2017, 09:51 PM)DHLawrence Wrote: [ -> ]If they were keen to merge with their biggest competitors, something's rotten behind the scenes. It's either merge or go under and have the company taken apart piece like piece like Nortel.
Not necessarily... Bombardier Transportation is operating at around an 8% EBIT margin. They have many orders on the go for many transportation agencies globally with the potential of more coming in. If any part of Bombardier is losing money right now it's the Aerospace division.
I've seen punditry calling that merger the 'end of Bombardier Rail'. It seems like real hyperbole to me - just because there's a change in your competition doesn't mean your days are numbered.
(09-26-2017, 10:32 PM)trainspotter139 Wrote: [ -> ] (09-26-2017, 09:51 PM)DHLawrence Wrote: [ -> ]If they were keen to merge with their biggest competitors, something's rotten behind the scenes. It's either merge or go under and have the company taken apart piece like piece like Nortel.
Not necessarily... Bombardier Transportation is operating at around an 8% EBIT margin. They have many orders on the go for many transportation agencies globally with the potential of more coming in. If any part of Bombardier is losing money right now it's the Aerospace division.
And the aerospace division has an excellent new product -- the challenge is breaking the Boeing-Airbus duopoly.
Outside of the United States of Trump, it won't make any difference.
Kind of a neat underground Funicular I hadn't heard of:
I'm actually far more curious about the old rubber-tired trains they show being yanked out from the original system! Look very Paris/Montreal metro-ish (with the flanged wheels inboard of the tires).
I was in Niagara today and saw that a new funicular is being built at the Hornblower site (formerly Maid of the Mist). No pictures, but the track is in place.
Oh cool! I grew up in the Niagara area. In the high school years, in my summer job I was an operator of the Niagara Parks Falls Incline Railway. This was before it got its huge overhaul a few years ago. Not a bad summer gig, if I may say so myself.
Gah, I love Skytrain and ICTS so much...
It's a waste of expensive geometry, is what I'd call it. Move the people, not the cars!