As a result, demand for this type of aircraft seems to be stabilizing and we expect to return to higher production rates. In the meantime, rail transportation group, which is less vulnerable to economic woes, has continued growing. Since May 1 of this year, the company has received new orders totaling nearly 3 billion euros and spanning not only the European and American markets, but also, the Asia-Pacific market, namely, China and Australia. Moreover, the company has acquired an aircraft assembly plant and announced the development of a new intercontinental business aircraft, the Global 5000 (Swickard, 2004). The company is increasingly paying its attention on its core know-how; product and market diversification; and anticipation of emerging needs. Putting in perspective, Bombardier is Canada's largest aerospace exporter and one of the largest exporters in the country overall. It accounted for more than half of the aerospace industry's total revenues in 2002 and almost half of the total Canadian aerospace exports came from Bombardier. Bombardier deals with thousands of suppliers across the country, which provides...
Series aircraft. Similarly, in the rail industry, the company has thousands of suppliers inside the country and abroad that work for Bombardier different production facilities. In short, the common thread in its core business relies on technical innovation, entrepreneurship and risk-taking, which demand constant attention to superior manufacturing capability and quality control.
The Bombardier's innovative designs, for example V220 and V300T engines are far superior in durability, quality and reliability as their features result in the elimination of shock, and allow smoother operation, as well as offering easier maintenance than current aviation piston power plants (Dyck, Buckland, Harder, & Wiensee, 2000). Their MoGas capability, use of propeller speed reduction units, and mufflers also ensure that the Bombardier V220 and V300T can meet
Moreover, the company takes a strict and innovative approach to procurement. Each link in the supply chain must guarantee the best quality at the lowest price. Bombardier systematically applies the Six Sigma quality program to all of its manufacturing and financial units. Six Sigma's goal is to enable companies to respond more promptly and effectively than the competition. Most importantly, the company has a permanent development program that supports
Fred Olsen The accomplishments of Fred Olsen The shipping business constitutes one of the most lucrative undertakings in the different regions of the globe. It has been associated with some of the most influential names in the history of this world. Norway, like other great nations of the world has been privileged to enjoy the possession a massive number of renowned shipping industries with one of them being the Olsen Group (Lorange,
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