Edition:
United States

Bombardier Inc (BBD_pb.TO)

BBD_pb.TO on Toronto Stock Exchange

8.16CAD
9 Dec 2016
Change (% chg)

$0.01 (+0.12%)
Prev Close
$8.15
Open
$8.29
Day's High
$8.29
Day's Low
$8.10
Volume
11,900
Avg. Vol
8,429
52-wk High
$8.99
52-wk Low
$4.99

Latest Key Developments (Source: Significant Developments)

Philippine airlines and Bombardier finalize order for up to 12 Q400 aircraft
Thursday, 8 Dec 2016 07:00am EST 

Bombardier Inc: Philippine airlines and bombardier finalize order for up to 12 Q400 aircraft . Bombardier commercial aircraft - purchase agreement includes a firm order for five Q400 aircraft, purchase rights for an additional seven Q400 aircraft. . Bombardier commercial aircraft - firm order is valued at approximately $165 million and could increase to $401 million .Bombardier commercial aircraft - five firm-ordered Q400 aircraft are expected to be delivered throughout 2017.  Full Article

Bombardier wins orders for two CS300 and one Q400 aircraft from Tanzania
Friday, 2 Dec 2016 08:00am EST 

Bombardier: Wins orders for two CS300 and one Q400 aircraft from Tanzania . Based on list prices of CS300 and Q400 aircraft, combined value of purchase agreements is approximately $200 million US . Aircraft will be leased to and operated by Air Tanzania (Wings of Kilimanjaro) based in Dar es Salaam .Has recorded firm orders for 566 Q400 and 360 C Series aircraft.  Full Article

Bombardier expects exceeding guidance of 150 business aircraft deliveries in 2016
Tuesday, 1 Nov 2016 06:30am EDT 

Bombardier Inc : Bombardier Business Aircraft - for quarter ending September 30, 2016, bombardier delivered 36 business jets in its segments . Bombardier Business Aircraft - company also announced gross orders for 30 aircraft in quarter, bringing its year-to-date total to 122 . Bombardier business Aircraft - Bombardier anticipates exceeding its guidance of 150 business aircraft deliveries in 2016 .Bombardier Business Aircraft kicks off NBAA with solid order and delivery performance.  Full Article

Bombardier's Russian rail control joint venture expands into Serbian market
Monday, 24 Oct 2016 05:53am EDT 

Bombardier Inc : Bombardier's Russian rail control joint venture expands into Serbian market .Bombardier - bombardier transportation has started work on first rail control project in Serbia, Phase 1 of upgrade to Serbian section of Belgrade-Bar line.  Full Article

Bombardier to cut about 7,500 jobs
Friday, 21 Oct 2016 05:24am EDT 

Bombardier Inc : Bombardier confirms progress on turnaround plan; announces initiatives to ensure competitiveness and improve margins . Says to cut about 7,500 jobs . Bombardier says expects related recurring savings of about $300 million by 2018-end; expects to record $225 million to $275 million in restructuring charges Further company coverage: [BBDb.TO] ((Bangalore.newsroom@thomsonreuters.com; ;)).  Full Article

Bombardier CEO says 2,000 job cuts in Canada, including 1,500 in Quebec
Friday, 21 Oct 2016 05:23am EDT 

: Bombardier CEO says about two-thirds of job cuts in Rail Division and one-third in Aerospace . Bombardier CEO says 2,000 job cuts in Canada, including 1,500 in Quebec . Bombardier CEO says restructuring announcement unrelated to investment talks with Canadian government Further company coverage: [BBDb.TO] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Kontron signs framework agreement with Bombardier Transportation
Thursday, 20 Oct 2016 07:00am EDT 

Kontron AG :Signs framework agreement with Bombardier Transportation extending preferred technology supplier relationship.  Full Article

Bombardier provides C series program updates
Tuesday, 6 Sep 2016 07:00am EDT 

Bombardier Inc: Bombardier provides c series program updates . 2016 c series delivery schedule adjusted to reflect pratt & whitney engine delays . Consolidated revenue and ebit guidance reaffirmed . As a result, consolidated fcf usage guidance range adjusted to $1.15b to $1.45b from $1.0b to $1.3b . Expects to end year with a strong liquidity position . Remains on track to achieve both its 2018 cash flow neutral goal and its 2020 turn-around plan objectives. . Adjusted fy c series delivery forecast from 15 to 7 aircraft as a result of engine delivery delays by its supplier pratt & whitney . Has more than 300 firm orders and up to 800 orders including options and commitments for c series program . C series delivery adjustment will result in lower revenues at bombardier commercial aircraft for year without affecting ebit materially . As a result of delay, company now expects to be close to lower end of $16.5 to $17.5 billion revenue guidance range for 2016 .As a result of delay, company now expects free cash flow usage is expected to be in range of $1.15 to $1.45 billion for 2016.  Full Article

Bombardier receives final installment from the government of Quebec
Friday, 2 Sep 2016 07:00am EDT 

Bombardier Inc : Bombardier receives final installment from the government of Quebec investment in the C series program .Confirmed that disbursement of second and last $500 million installment of previously announced $1 billion US investment by Québec received.  Full Article

Bombardier says named preferred bidder to supply rolling stock for East Anglia Franchise
Wednesday, 10 Aug 2016 12:49pm EDT 

Bombardier Transportation : Bombardier Transportation says named as preferred bidder for rolling stock order to be produced for United Kingdom's department of transport .UK government has awarded East Anglia Franchise to Abellio East Anglia, which selected co to supply british-built carriages.  Full Article

Bombardier sees 2017 catch-up in jet deliveries, lifting export lag

OTTAWA/MONTREAL, Nov 28 Bombardier hopes to make up for lost ground on its plane exports next year, an executive said on Monday, after fewer-than-expected CSeries shipments contributed to a weaker outlook for Canadian aerospace exports in 2016.