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Bombardier Inc (BBD_pb.TO)

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Latest Key Developments (Source: Significant Developments)

Bombardier Commercial Aircraft says Skywest Airlines, Expressjet Airlines extend heavy maintenance agreements
Friday, 22 Jul 2016 11:56am EDT 

Bombardier Commercial Aircraft: Skywest airlines and Expressjet Airlines extend heavy maintenance agreements covering Bombardier CRJ series regional jets .Extended heavy maintenance agreements with Skywest, Skywest Airlines Inc, Expressjet Airlines Inc for further 10 years.  Full Article

Bombardier Commercial Aircraft - STAECO will now provide maintenance services for Q400 turboprops
Thursday, 21 Jul 2016 03:00pm EDT 

Bombardier Inc : STAECO designated authorized service provider for base, other maintenance on all Bombardier CRJ Series and Q400 aircraft . Bombardier renews Authorized Service Facility agreement with STAECO to enhance support to aircraft operators in the Asia Pacific region . STAECO will now also provide maintenance services for Q400 turboprops .Renewed Authorized Service Facility (ASF) agreement with Taikoo Aircraft Engineering Co for an additional 3-year term.  Full Article

Mersen wins contract with $8.5 mln contract from Bombardier
Monday, 18 Jul 2016 11:45am EDT 

Mersen SA : Wins $8.5 million contract from Bombardier Inc transportation . Says contract with Bombardier is the largest of this kind in the history of Mersen . Order is to supply cooling devices and laminated bus bars for the San Francisco Bay Area Rapid Transit (BART) project over a five year period .Shipments to bombardier transportation will start in the 2nd half of 2016.  Full Article

Latvia's airBaltic signs up for Bombardier C series aircraft smart parts program
Tuesday, 12 Jul 2016 08:00am EDT 

Bombardier Inc : AirBaltic selected co's smart parts program to provide component support for fleet of 20 all-new c series aircraft .Bombardier commercial aircraft says airBaltic's first aircraft is scheduled to be delivered by bombardier in Q4 of 2016.  Full Article

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


Alstom/Bombardier consortium seal $1.2 billion French train deal

PARIS An Alstom and Bombardier consortium has won a French train contract estimated to be worth 1.16 billion euros ($1.22 billion) for the consortium, the companies and French authorities said on Wednesday.