Embraer claims aviation business hurt by Bombardier receiving more than $3.7 billion in subsidies.
Airbus’s has majority control of the Bombardier C Series program; Boeing is in talks to join forces with Brazil’s Embraer.
Will develop next-generation helicopters that can fly with or without crews.
Reassured because there’s already a fairly strong union culture in both France and Canada.
An air safety senior investigator will act as an adviser and a field service representative will support the airline.
Will sell the planes first, then focus on volume to successfully reduce costs.
Shares have surged in recent months, helped by improved results and a win in its trade fight with Boeing.
Ensures workers who switch to the CSeries partnership, and vice-versa, will not lose their pensions and will keep most of their seniority benefits.
Company reduced production rate in 2015 for business jets as part of a turnaround plan focused on improving margins.
Bombardier declined to comment as it takes the “necessary time to digest its content …”
Review of the now cancelled deal ordered after it was revealed they would be used for “internal security operations.”
Defense contractor says the acquisition will help it provide cost-effective internet technology solutions.
More than 200 scientists from 25 nations to field-test technology for a manned mission to the Red Planet.
Review follows comments from a Philippine military official that the aircraft would be used for internal security operations.
Noted the Department of Commerce’s earlier ruling affirming Bombardier’s dumping behaviour still stands.