Bombardier
Below is the stock price development of Bombardier, the company behind the infamous DHC-8 Q400, the past 3 months. The first serious SAS incident with this aircraft type, was on September 9 this year. Can you spot the trend?
I wonder what this will look like tomorrow morning when the stock exchange in Toronto opens. And I also wonder how other airlines will behave following SAS’s complete abandonment of the Dash 8. A move, which–by the way–in my mind was the only plausible course of action to maintain/restore long-term customer confidence and thus SAS itself.
October 29th, 2007 at 1:58 pm
Clearly you had a traumatic experince there Bjørn, but i’m afraid that you seem to be the only one my friend…
Nothing happened with the stock price and I just read news about the company increasing its sale i Europe (http://www.dr.dk/Nyheder/Penge/2007/10/29/130126.htm?nyheder). Clearly the companies buying these planes are crazy and heading straight into troubles.
Maybe the reason is that nobody really cares about what happens in little Denmark these days…
October 29th, 2007 at 2:23 pm
:-)
Let’s see. The stock exchange in Toronto has not yet opened…
But I agree, some of the other airlines seem completely oblivious to these incidents.