To supply rolling stock and new technology signalling for the Indian Railways
Faces pressure in its higher-margin business jet segment because of a downturn in global demand
Bombardier's founding family is rejecting demands by Canada's government to loosen its control of the company in exchange for financial assistance."It's not our intention to change anything in this regard," Chairman Pierre Beaudoin said in Montreal.Prime Minister Justin Trudeau's government is said to be pushing for corporate governance changes, including the dual-class structure that allows the Beaudoin and Bombardier families to control the company. The two sides still aren't close to a deal, according to two federal officials who spoke on condition of anonymity as talks are private.The dual-class share structure remains at the centre of the impasse, one official said. Beaudoin, however, was adamant on that issue Friday."The Bombardier family has always sought to ensure the success of the company," Beaudoin said, alongside Chief Executive Officer Alain Bellemare at the company's annual meeting. "It was there in good times and in more difficult times. Our multiple voting shares allow