Bombardier Inc (BBD_pb.TO) Key Developments | Reuters.com
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Bombardier Inc (BBD_pb.TO)

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Latest Key Developments (Source: Significant Developments)

Air Canada, Bombardier finalize C Series order for up to 75 aircrafts
Tuesday, 28 Jun 2016 06:30am EDT 

Bombardier Inc : Air Canada and Bombardier finalize landmark C Series order for up to 75 aircraft . Deliveries are scheduled to begin in late 2019 and extend to 2022 . Says amount would increase to $6.3 billion should Air Canada exercise all 30 option aircraft . Bombardier says purchase agreement includes a firm order for 45 CS300 aircraft and options for an additional 30 CS300 aircraft .Says at list price, firm order for 45 cs300 aircraft is valued at about $3.8 billion.  Full Article

Moody's revises Bombardier's B2 outlook to stable from negative
Thursday, 23 Jun 2016 01:13pm EDT 

Moody's: Moody's changes Bombardier's B2 outlook to stable, downgrades notes to B3 .Rating outlook was stabilized as Bombardier has enough liquidity to manage through 2018.  Full Article

Bombardier JV awarded contract extension for 10 commuter trains and maintenance services in Perth
Thursday, 23 Jun 2016 08:33am EDT 

Bombardier Transportation : Bombardier joint venture awarded contract extension for 10 commuter trains and maintenance services in perth, australia . Owns 50% of shares in edi rail bombardier transportation pty ltd joint venture . Bombardier transportation says total contract is valued at approximately $511 million au ($384 million us, 340 million euro) . Bombardier's direct share is valued at approximately $61 million au ($46 million us, 40 million euro) . Bombardier transportation says delivery of first train is scheduled for end of 2019 .Trains will be manufactured at downer's facility in maryborough, queensland,.  Full Article

Bombardier signs $1 bln agreement with the Government of Quebec
Thursday, 23 Jun 2016 05:48am EDT 

Bombardier Inc : Will hold 50.5% equity stake in partnership . Bombardier Inc says investissement Quebec will hold 49.5% . Bombardier Inc says $1B US investment to be disbursed in two $500M US installments, on June 30, 2016 and on September 1, 2016 . Will maintain operational control of C series program .Bombardier signed agreement with government of Quebec for a $1 billion us investment in C series Aircraft Limited Partnership.  Full Article

Akiem says signs Framework Agreement for 52 TRAXX Locomotives with Bombardier
Wednesday, 22 Jun 2016 12:48pm EDT 

Akiem: Deal conditional on closing related to akiem;1st batch valued at list price of about $107 million;deliveries of 1st units scheduled to take place in 2017 .Leasing company akiem signs framework agreement for 52 traxx locomotives with bombardier.  Full Article

Bombardier says sale of its Amphibious Aircraft program to Viking Air Ltd
Monday, 20 Jun 2016 01:00pm EDT 

Bombardier Inc : Bombardier announces a definitive agreement for the sale of its Amphibious Aircraft Program to Viking Air Limited . Agreement covers type certificates for all variants of aircraft, cl-215, cl-215t, bombardier 415 aircraft as well as after-market services . Transaction is expected to close in next few months . Plans are underway to transfer 50 amphibious aircraft program employees to other parts of bombardier organization following completion of transition of business .  Full Article

Bombardier secures firm order for 10 CRJ900 aircraft
Monday, 20 Jun 2016 10:50am EDT 

Bombardier Inc : Bombardier secures firm order for 10 CRJ900 aircraft . Says firm agreement is valued at approximately $472 million .A customer, who has requested to remain unidentified at this time, signed a firm purchase agreement for 10 CRJ900 aircraft.  Full Article

WestJet Encore converts purchase options for 9 Bombardier Q400 aircraft
Wednesday, 1 Jun 2016 05:00am EDT 

WestJet: WestJet Encore converts purchase options for nine Bombardier Q400 aircraft . Converted last nine of its original 25 options to firm orders for Bombardier Q400 aircraft . Aircraft are scheduled for delivery between April 2017 and June 2018. . Now expects Q2 2016 capital expenditures to be between $260 million and $270 million . Now expects full-year 2016 capital expenditures of between $900 million to $920 million .With conversion of options, Westjet Encore will have a fleet of 45 Q400 aircraft by end of 2018.  Full Article

Bombardier said Westjet has signed a firm order for nine Q400 turboprops for $293 mln
Wednesday, 1 Jun 2016 12:17am EDT 

Bombardier Commerical Aircarft: Based on list price for Q400 aircraft, transaction is valued at $293 million . Deal is conversion of options booked by parent co Westjet and will increase Westjet Encore's fleet to 45 Q400 aircraft . Announced Westjet Encore Ltd has signed a firm order for nine Q400 turboprops .Bombardier continues its domination of the north American turboprop market with Westjet Encore order for nine more versatile Q400 aircraft.  Full Article

Bombardier signs deal for a Global 6000 business jet to be operated by Fly Comlux
Wednesday, 25 May 2016 06:59am EDT 

Bombardier Inc : Comlux expands vip fleet with purchase of a Global 6000 business jet .Signing of a purchasing agreement for a global 6000 business jet to be operated by Fly Comlux, VIP charter division of Comlux.  Full Article