Bombardier to Lay Off 3,000

[cocknbull]

Anyone else know what this is all about. I saw it on CNN headline news this morning. I figured they would be the perfect company to the void of aircraft between 50 and 100 seats. I'm sure this will cause a further slow down in their production.

Who will rise up and meet that market?

 

[PA-44Typed]

I spoke with a Engineer at Cessna in Wichita last week and he told me that Bombardier was closing their Wichita plant. And that They are going to move the Lear line to Canada. Not sure if this is true, take it for what it’s worth.

 

[ReportCanoa]

Cheaper labor, apparently.