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 lowers delivery forecast for CSeries
Company expects to delivery just seven CSeries aircraft this year; blames engine supply issues.
CSeries doesn’t need immediate federal funding: Quebec premier
Couillard says the program is on track with a pipeline of 370 firm orders.
Swiss International becomes first airline to accept Bombardier CSeries
Passenger jet will begin service July 15.
Ottawa continues to negotiate with Bombardier: Trudeau
PM praises the company’s deal with Delta, calling it “great news” for the Canadian aerospace industry.
CSeries sales may be hurt by plane’s technology: Delta Air Lines
Price remains a factor in whether the Atlanta-based carrier places an order for the 110- to 160-seat plane.
Wynne, Couillard pitch federal help for Bombardier
Quebec premier likens to case to federal support for the auto industry in the past.
Notley calls on Ottawa to support Alberta
Premier says all Canadians benefit from a strong Alberta economy.
Support Bombardier to diversify economy: experts
Federal Liberals say they are studying the manufacturer’s request for more funding.
Bombardier expects tough 2016 before transformation hits stride by 2020
Aerospace manufacturer expects to have enough cash to deliver its CSeries jet and develop the Global 7000 business jet.
Bombardier asks for federal financial assistance
No specific dollar figure has been requested.
Bombardier must make a business case if it wants federal aid: Trudeau
PM tells Canadian Labour Congress the federal government won’t prop up a business on the basis of emotion or politics.
Bombardier replaces commercial aircraft head with outside exec
Fred Cromer was most recently president of International Lease Finance Corp., a buyer of commercial aircraft.