Guy Hackey

This tag is associated with 2 posts

ABSTRACT: Bombardier Aerospace is changing its top management for the better and hopefully mediocrity within it’s ranks is on its way out at all levels, new CEO Alain Bellemare has ditched his President of Commercial Aircraft, Mike Arcamone and replaced him with Fred Cromer (ex-President of ILFC) while Swiss Global Air Lines will be the CSeries launch customer in 3Q/2016. The CSeries still has many issues ahead, flight testing schedule will change, entry into service (EIS), deep price discounting by Boeing and Airbus (40% to +50%). A major slow down in demand for business jets in China and Russia spells trouble for the Global brand, while Russia’s IFC is reviewing its order for 32 CS300’s and another 75 orders are highly questionable (in fact 44% of orders are questionable), just as more CSeries orders are badly needed, especially a BIG North American customer. Future of Learjet is up in the air, as some big changes are a must for restructuring the company, as stock price languishes below CAD$ 3.00 since February 10th and compared against it’s peers Bombardier financial performance is very poor, how long will it remain the world’s only manufacturer of trains and planes ? The good news is that there is change, and with that comes hope for everyone, new people bring new ideas, new enthusiasm and new energy, Bombardier for too long did the same things over and over again, expecting different results and off course failed to produce different results, now I see a some light at the end of the dark tunnel for Bombardier Aerospace, in the end success in business is ALL about having the right people in the right positions !

For the regular readers of my Blog, you know that I have been very critical of Bombardier Aerospace for some time, and I do take pride in the fact that I believe I was spot on for calling for BIG changes at the top. Back on January 20, 2015, I was the first to call … Continue reading


Bombardier Aerospace is finally reorganizing, 1,800 employees will be laid off on top of the 1,700 laid off in January, last week’s Farnborough Air Show was disappointing with only 5 Q400 orders booked and Embraer’s E2 line launched only 13 months ago has surpassed the 5 years of “Game Changing” CSeries sales efforts by 75 aircraft (278 vs 203), something is seriously wrong in Montreal.

Well, the news out of Bombardier Commercial Aircraft just got worst with the announcement that, Mr. Guy Hackey, CEO/President of Bombardier Aerospace since 2008 will “retire” due to organizational changes, that may see up 1,800 employees laid off on top of the 1,700 laid off in January, the bad situation with the CSeries is terms … Continue reading