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News Aerospace Manufacturing General Operations
May 10, 2021  

Bombardier not ready to increase jet production despite clearing COVID turbulence

MONTREAL – Bombardier Inc. isn’t ready to increase business

News Aerospace Business Operations General
April 7, 2021  

VistaJet order of Bombardier aircraft points to COVID induced demand in business jets

(CP) Bombardier’s corporate jet business could get a lift

News Aerospace Automotive Manufacturing General Operations
March 9, 2021  

Bombardier to collaborate with Aston Marton on business jet design services

(CP) MONTREAL – Bombardier Inc. is teaming up with

News Manufacturing Transportation General Production
December 21, 2020  

Bombardier signs $721M deal with TransLink

Contract for 205 new SkyTrain cars

News Aerospace Manufacturing Transportation General
December 1, 2020  

Bombardier names veteran exec Bart Demosky as CFO

Has had executive roles at Universal Rail Systems, Canadian Pacific Railway and Suncor Energy.

News Aerospace Government Manufacturing General
November 6, 2020  

Bombardier faces UK fraud investigation over plane contracts for Garuda

British inquiry follows other investigations have targeted the aerospace manufacturer in countries such as Sweden and Spain.

News Manufacturing Transportation General
October 30, 2020  

Alstom shareholders approve $8.4B Bombardier Transportation deal

Combined company is expected to become the second-largest manufacturer of rolling stock.

News Aerospace Manufacturing General
October 26, 2020  

Less cash for Bombardier from aerostructures sale to Spirit AeroSystems

Will receive US$275 million in cash in the amended deal, down from the US$500 million.

News Aerospace Manufacturing General
October 2, 2020  

Head of Bombardier Aviation leaving as company streamlines

Aerospace company focusing on business jets, Coleal eligible for severance pay of about US$3.1 million.

News Aerospace Manufacturing General
September 30, 2020  

Uncertainty rises around $500M sale of Bombardier plants to Spirit

Deal may not close by the drop-dead date of Oct. 31, which Spirit says could prompt litigation.

News Aerospace Manufacturing General
September 23, 2020  

Bombardier aerostructures sale comes into question, shares hit new low

The US$500-million sale of facilities in Belfast and Morocco forms a key part of the aircraft maker’s shift to pure-play private jets.

News Transportation General
September 16, 2020  

Bombardier to get less than expected in railway division sale to Alstom

Selling price falls short of $11.13 billion by $467 million of the previously announced price.

Insight Aerospace Economy General
August 13, 2020  

Bombardier the poster child of pork barrel cronyism

Instead of picking winners and losers, governments should step back and let markets work.

News Aerospace Transportation General
August 6, 2020  

Bombardier Q2 net loss widens while revenues plunge due to COVID-19

Revenues for the three months ended June 30 plunged 37% to $2.7 billion from $4.3 billion a year ago

News Manufacturing Transportation General
July 10, 2020  

Bombardier supports assets sale for EU approval of Alstom’s takeover

Canadian transportation company reaffirms the sale remains on track to close in the first half of 2021.

News Aerospace Manufacturing Business Operations General
June 19, 2020  

Bombardier chairman defends $17.5M severance for former CEO

Beaudoin tells shareholders the board “respected the company’s contractual obligations” to the former chief executive.

News Aerospace Manufacturing General
June 15, 2020  

Bombardier to be dropped from S&P/TSX composite index

Company says the move doesn’t change anything in terms of its liquidity and status as an actively traded stock on the TSX.

News Aerospace Manufacturing General
June 5, 2020  

Bombardier will cut 2,500 jobs from its aviation side

Most reductions will impact manufacturing operations in Canada and take place progressively throughout the year.

News Aerospace General
June 4, 2020  

Shareholder group objects to former Bombardier CEO special payment

Advisory agency says practises raise “serious questions” given the company’s weak financial performance before his dismissal.

News Aerospace General
May 7, 2020  

Bombardier starts gradual resumption of manufacturing, reports Q1 loss

Expects business activity to hit a low point in Q2, before gradually recovering in the second half of the year.

News Aerospace Manufacturing Economy
April 28, 2020  

Bombardier recalling 11,000 as Quebec prepares to reopen economy

About 70% of the pane and train maker’s Canadian workforce of more than 17,600 employees had been temporarily laid off.

News Aerospace Manufacturing Transportation General
April 21, 2020  

Bombardier to help make 18,000 ventilators at shuttered Thunder Bay plant

Will carry out sanding, painting and assembly work on the equipment for Brampton, Ont.-based O-Two Medical Technologies.

News Aerospace General
March 12, 2020  

Eric Martel leaving Hydro Quebec to become president, CEO of Bombardier

Alain Bellemare is out; Martel said he is excited and honoured to rejoin Bombardier as it begins a new chapter

News Manufacturing General
March 5, 2020  

Bombardier investigating reported links to Uighur forced labour in China

Australian Strategic Policy Institute says factories supplying global brands – exploited more than 80,000 Uighur Muslims transferred out of their home province.

News Aerospace Manufacturing General
February 19, 2020  

Bombardier investors flinch at sale of train division to Alstom, stocks drop

Concerned about pure business jet play; higher margins but the luxury industry is more volatile than rail.

News Manufacturing Transportation General
February 18, 2020  

Bombardier to sell train unit to France’s Alstom, shedding biggest division

Will focus on business jets as Alstom scales up amid rising competition from China’s state-owned CRRC.

News Aerospace Manufacturing General
February 13, 2020  

Bombardier sells C Series stake for $591M, now out of commercial aviation

Transferred shares to Airbus SE and the Quebec government in a move to emerge from more than $9 billion in debt.

News Aerospace Manufacturing General
February 13, 2020  

Bombardier to report earnings as future hangs in the balance

Possible sale of the plane-and-train maker’s Quebec-based business jet unit or its Berlin-based rail subsidiary.

News Aerospace Manufacturing General
January 24, 2020  

SNC-Lavalin recruits ex-Bombardier exec to lead transformation

Veronneau, who led negotiations to sell Bombardier’s majority stake in the C Series to Airbus, will handle the firm’s strategic transformation.

News Aerospace Manufacturing Transportation General
January 24, 2020  

Selling aviation makes sense for Bombardier, says industry analyst

Its railway operations are a steadier generator of cash flows, but the sale of aviation could face political opposition because it is a major Canadian employer

News Aerospace General
January 23, 2020  

Quebec premier cautious about response to Bombardier difficulties

Questions about the aerospace company’s future were raised after issuing a warning about its financial results.

News Aerospace Manufacturing General
January 16, 2020  

Bombardier expects to fall short of guidance, reassessing Airbus deal

Expects consolidated revenue of about $15.8 billion, short of expected $16.5 billion to $17 billion.