Bombardier Replaces Commercial Head Amid CSeries Unrest
Replaces Mike Arcamone with ILFC executive while CFO Retires
Bombardier has recruited ILFC president Fred Cromer to run its commercial airplanes division. (Photo: Bombardier)
Bombardier has recruited ILFC president Fred Cromer to run its commercial airplanes division. (Photo: Bombardier)

Bombardier has decided to replace Commercial Aircraft president Mike Arcamone with International Lease Finance Corporation president Fred Cromer as part of another management shakeup that will also see the retirement of the Canadian company’s CFO, Pierre Alary. The departures come as the long-delayed CSeries program encounters another possible commercial setback, specifically involving complications associated with a 32-aircraft order for CS300s from Russia’s Ilyushin Finance Company (IFC). While speaking with AIN on Thursday, IFC director general Alexander Roubtsov expressed ambivalence about the prospects for the project, and confirmed that IFC is considering scrapping its order for the CSeries.