04-12-2015, 04:06 AM
(04-10-2015, 01:20 PM)DHLawrence Wrote: Which division is the closest to being a moneymaker, aviation or rail?
Rail, by far. The recent delays of its C series jet have cost Bombardier billions of dollars. It's a big gamble, stepping up in plane size and going up against the big boys like Boeing etc. To make money, you have to spend money and revenues from a SUCCESSFUL C series launch would be huge.
But that hasn't happened yet. So Bombardier is investigating a possible spin-off or partial sale of its rail unit to give it time for its C series launch to happen (no pun intended): http://business.financialpost.com/news/t...rs-sources