Bombardier exits commercial jets with closure of US$550M CRJ deal
Paves the way for the aircraft manufacturer to focus on its sole future income stream – private jets.
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.
Airbus delivers A220 jet to Delta, hoping to bring venture back to black
European plane-maker aims to cut supply costs in order to restore the program to profitability.
Airbus renames C Series aircraft developed by Bombardier as the A220
The name change comes after Airbus officially took a majority stake in the C Series program July 1.
Embraer joint venture with Boeing could be tough on Bombardier: analysts
Boeing will own 80%, Embraer 20%; the $4.75 billion deal, expected to close toward the end of 2019.
C Series orders and name change on the horizon: Airbus CEO
Says the main focus will be to sell the planes and drastically reduce production costs.
Airbus and Bombardier C Series deal to close on July 1
Companies expect deliveries this year to double from the 17 aircraft in 2017.
AirBaltic to buy up to 60 C Series while Bombardier unveils new business jets
Bombardier has announced a big-ticket sale to Latvia’s airBaltic and revealed two new business jets to be delivered next year.
After 55 years, chairman Beaudoin bids adieu to Bombardier
Successfully transformed Bombardier into a significant Canadian global company.
WTO panel rules against Canada in preliminary ruling in Brazilian C Series dispute
Embraer claims aviation business hurt by Bombardier receiving more than $3.7 billion in subsidies.
Air Canada supports aerospace mergers if benefits of competition remain alive
Airbus’s has majority control of the Bombardier C Series program; Boeing is in talks to join forces with Brazil’s Embraer.
Bombardier union optimistic about C Series contract renewal under Airbus
Reassured because there’s already a fairly strong union culture in both France and Canada.
Airbus wants to make C Series profitable by lowering supplier prices
Will sell the planes first, then focus on volume to successfully reduce costs.
Plane and train maker Bombardier raising $638.4M in share offering
Shares have surged in recent months, helped by improved results and a win in its trade fight with Boeing.
Bombardier workers vote in favour of reciprocity agreement with Airbus
Ensures workers who switch to the CSeries partnership, and vice-versa, will not lose their pensions and will keep most of their seniority benefits.