Bombardier Inc (BBDa.TO)
2 Dec 2016
Latest Key Developments (Source: Significant Developments)
Bombardier : Agreement covers type certificates for all variants of aircraft, CL-215, CL-215T and bombardier 415 aircraft as well as after-market services . Bombardier finalizes the sale of its amphibious aircraft program to Viking Air Limited .Bombardier Inc says transaction has received approval of all appropriate regulatory authorities and other consents from government bodies. Full Article
Bombardier Inc: Bombardier says new trains are expected to be delivered between January 2019 and September 2020 . Bombardier wins rolling stock and maintenance contracts for Abellio's East Anglia franchise in the UK . Rolling stock contract is valued at about $1.1 billion and maintenance contract valued at approximately $108 million .Signed contract to supply 665 new Bombardier aventra vehicles to angel trains, for Abellio on its East Anglia rail franchise in UK. Full Article
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 CEO says more than 60 percent complete with previously announced workplace reduction, on track for cost savings target . Bombardier CEO says sees some near term softness in the business jet market . Bombardier CEO says on target to make 150 deliveries for the year . Bombardier CEO says seeing significant softeness in smaller size business jets . Bombardier CEO says he never talked about cancelling global 8000 business jet . Bombardier CFO says expects spending to rise next year on global 7000 . Bombardier CEO said no impact yet from brexit vote . Bombardier CEO says will be able to have entry into service of global 7000 in 2018 . Bombardier CEO says discussions ongoing with federal government over possible investment . Bombardier CEO says global business jets retained value better than competitors . Bombardier CEO says first flight of global 7000 business jet on schedule for later this year . Bombardier CFO says expects good liquidity at the start of 2017 . Bombardier CFO said will 'more or less' break even on cash flow for remainder of year . Bombardier CEO says business jet softness more on side of smaller learjet than larger globals . Bombardier CEO said company at right production for global business jet given market demand . Bombardier CEO says inventory of used business jets has "come down a lot" (Reporting by Matt Scuffham) ((email@example.com;)). Full Article
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.