Last February, Pierre Beaudoin, son of Bombardier chairman Laurent Beaudoin, replaced Robert Gillespie as president and COO of Bombardier Aerospace Business Aircraft. Now Beaudoin has replaced Michael Graff as president and COO of Bombardier Aerospace.
Bombardier this week released its first-ever forecast for the business aviation market segments in which it competes, and the Canadian company’s crystal ball is about as rosy as anyone else’s.
The Canadian Business Aviation Association (CBAA) is gaining momentum, president and CEO Rich Gage announced at the association’s annual general meeting in July. Gage reported that since the last meeting, membership has been increasing steadily, finances are strong, a new training program has been introduced and an internal integrated management system is being implemented.
CHC Helicopter is scaling back its offices in St. John’s, Newfoundland, Canada, as part of a restructuring plan. The COO and financial staff are moving to the company’s office in Vancouver, B.C. CEO Craig Dobbin said that although the company will maintain an office in St. John’s, there will be some layoffs–but he plans to hold off on these for at least six months. Dobbin apparently considered beefing up the office in St.
Bombardier Aerospace is “satisfied” that confidential customer data has not been compromised, following the discovery by Canadian authorities of company documents in the home of former senior director of structured finance Simon Davies. In an unusual move, the Quebec Supreme Court signed an Anton Peller court order, which allowed authorities to search Davies’ home and seize evidence without prior notice.
Bombardier disclosed yesterday that “effective immediately” Pierre Beaudoin, son of Bombardier chairman and CEO Laurent Beaudoin, would replace Peter Edwards as president of Bombardier Business Aircraft. The Montreal-based company declined to comment on what precipitated the sudden change at the top, with a spokesman saying only that Edwards, 49, “stepped down and left the company to pursue other interests.” On Feb.
In terms of business jet orders and deliveries, Bombardier said the 12 months ending on January 31 constituted the company’s “best year ever.” Chairman and CEO Laurent Beaudoin, reporting on the company’s FY 2007 (ending Jan.
Jim Ziegler, v-p and general manager of Bombardier business aviation services, and Keith Miller, v-p of engineering for Learjet in Wichita, have left Bombardier Aerospace. Ziegler’s decision to leave the company was based on personal reasons, and he plans to remain in the Wichita area. Miller had scheduled his retirement before Bombardier’s major restructuring began earlier this year and will relocate to Florida.
Bombardier Aerospace yesterday revealed it will build a component manufacturing facility in Querétaro, Mexico, to begin operations next May, initially producing wire harnesses but eventually having the capability for "final aircraft assembly." Later next year the facility is scheduled to start manufacturing "major structural aircraft components" currently being built by Asian suppliers.
Expeditors International of Washington has teamed with Bombardier Aerospace to establish super warehouses with Caterpillar Logistic Services as part of a sustained program to improve Bombardier’s parts availability, tracking and shipping operations.