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Latest Articles in bombardier

Bombardier To Lay Off 1,600 Staff As Pandemic Caps Business Jet Demand

The company expects Adjusted EBITDA of more than $500 million in 2021. Analysts on average estimate it to be $661.3 million

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Canada's Bombardier Faces UK Bribery Probe Over Plane Sales

Shares in the company, which also reported results on Thursday, fell more than 3% after the SFO's announcement. They ended down 1.7%.

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Bombardier To Suspend Business Jet Production In Canada Over Coronavirus

Bombardier has isolated team members at the facility and "continues to take all necessary measures to safeguard the health of all its employees," Cristofaro said.

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Alstom Confirms Talks Underway To Buy Bombardier Transportation

Bombardier has been struggling to contain higher rail costs generated by a few problematic contracts in its nearly $36 billion order backlog.

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Bombardier Exits Commercial Aviation, Ending Bold Bet On Promising Jet

The Canadian plane and train maker sold its minority stake in the A220 jet, formerly known as the CSeries, to Airbus SE for $600 million, and said it would take a $1.6 billion charge on the programme.

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US Backs 300 Percent In Duties On Bombardier After Boeing Complaint

The U.S. Commerce Department has notched up proposed trade duties on Bombardier Inc CSeries jets to nearly 300 percent, affirming Boeing Co's complaint that the Canadian company received illegal subsidies and dumped the planes at "absurdly low" prices.

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Bombardier Overshadows NAFTA Talks As Quebec, Britain Threaten Retaliation

Stiff U.S. duties imposed on Bombardier Inc's CSeries jet sparked retaliation threats from Britain and Canada's Quebec province on Wednesday as the dispute, which may affect thousands of jobs, overshadowed North American trade talks.

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Bombardier Transportation Appoints Sudhir Rao As MD In India

Rao joins Bombardier Transportation from Skoda Auto where he held the position of Chairman and MD, India

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Infrastructure: Metro Makers

A Canadian and a French rail equipment company are keen on fast tracking India’s infrastructure plans

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Bombardier Posts Loss, Says Business Jet Demand Weak

Chief Executive Alain Bellemare said there had been 'significant softness' in the market for smaller size business aircraft

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Brazil Considers WTO Challenge To Bombardier State Funding

Embraer has threatened to challenge the state funding, which it says gives Bombardier an unfair advantage in sales campaigns where its new CSeries is up against Embraer's E-Jets

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Bombardier Plans To Invest Rs 230 Crore In Gujarat Unit

In addition to supplying coaches to Delhi Metro, Bombardier is exporting commuter cars to Australia and bogie components to Brazil, Saudi Arabia and Australia from its Savli plant

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Airlines Look To Smaller Planes In Regional Push

Indian airlines are in talks with ATR, Bombardier and Embraer to buy smaller planes to fly to the country's booming second and third tier cities ahead of a government drive to get more of the country connected by air

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Bombardier Wins Air Canada Order For CSeries Jets

The Montreal-based company has signed a letter of intent to sell Air Canada 45 CSeries, with an option for 30 more of the narrow body aircraft. The order is worth as much as $3.8 billion based on the CSeries' list price

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United, Southwest Buy 73 Boeing Jets In Blow To Bombardier

Canada's Bombardier has not landed an order in more than a year for the CSeries, a new carbon-composite aircraft whose two models seat between 100 and 160 passengers. The CSeries is due to enter service in 2016 after delays and amid cash problems at Bombardier

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