Bombardier and aerospace supplier Triumph settle legal dispute
Triump’s lawsuit alleged Bombardier failed to pay for expenses related to changes in wing designs for its Global 7000 business jet.
Trudeau, Couillard defend Bombardier after execs get big raises
Compensation for the company’s top five executives and board chairman grew by nearly 50% in 2016 despite its financial troubles.
Bombardier revenue falls by US$1.8B, but loss reduced by 82%
Losses related to troubled CSeries jets, public dispute over Toronto rail line and a WTO complaint over federal financial assistance.
Federal government loans Bombardier $372.5M
Money will be handed out over four years to support the Global 7000 and CSeries aircraft projects.
CSeries environmental performance confirmed by outside agency
Bombardier says the planes will emit 120,000 tonnes less CO2 over their lifetime than other jets of similar size.
Bombardier hands out pink slips, as part of effort to cut 7,000 workers
Up to 2,000 of the cuts, mainly in Canada and Europe, will be contractors.
Bombardier asks for federal financial assistance
No specific dollar figure has been requested.
Toronto Bombardier workers ratify collective agreements
Ratifications include improved pensions and job security, along with wage increases.
Bombardier rail to become separate publicly traded company
IPO expected to take place in the fourth quarter of this year.
Larger Bombardier CSeries set for first flight by Feb. 28
The transportation giant has revised the program’s estimated cost to US$5.4 billion.
Bombardier’s unexpected restructuring, layoffs raise concern
Aerospace division has been into three units, each reporting to Bombardier CEO Pierre Beaudoin.
Bombardier Aerospace chief Guy Hachey retiring amid restructuring
Transportation giant’s aerospace division is laying of 1,800 employees.
Bombardier unveils multiple CSeries orders at Farnborough Air Show
Aircraft manufacturer gets letters of intent for more than 40 jets from British and Chinese companies.
Bombardier gets aircraft orders worth US$326M
Includes five Q400 Turboprops for Calgary-based WestJet.
Bombardier puts salary freeze on 38,000 non-unionized employees
Aerospace giant says freeze caused by costly delays in the launch of its CSeries commercial jet.