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Bombardier Inc CEO Pierre Beaudoin steps down in major shakeup at struggling plane maker | Financial Post

The next major challenge for Bombardier will be boosting orders for its struggling CSeries. With 243 firm orders to date, management still has a ways to go to meet the 300-order target they set for themselves by the time deliveries to customers begin later this year. Mr. Beaudoin also acknowledged that potential customers are wary about making big investments until the aircraft’s performance specs have been proven.

“Yes, we have competitors with bigger aircraft who have been aggressive in their pricing strategy, but the pricing of the CSeries has a lot more to do with the fact that we have not delivered one aircraft yet and airlines will take a prudent approach towards commitment to a platform that is all new,” he said.

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Bombardier Inc CEO Pierre Beaudoin steps down in major shakeup at struggling plane maker.

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