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Bombardier Inc (BBDa.TO)

BBDa.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bst Wins Second Contract To Build Cars For The Growing High-Speed Rail Network
6:30am EST 

Dec 13 (Reuters) - Bombardier Inc ::BST WINS SECOND CONTRACT TO BUILD CARS FOR THE GROWING HIGH-SPEED RAIL NETWORK.BOMBARDIER SIFANG (QINGDAO) TRANSPORTATION - WON A SECOND CONTRACT THIS YEAR TO SUPPORT CHINA'S EVOLVING HIGH-SPEED RAIL NETWORK.BOMBARDIER SIFANG (QINGDAO) TRANSPORTATION - NEW CHINESE STANDARD HIGH-SPEED TRAIN CARS AND IS VALUED AT APPROXIMATELY 3.1 BILLION CNY.  Full Article

Bombardier To Supply 19 Omneo Premium Trains For The Hauts-De-France Region’S Intercity Lines
Monday, 19 Nov 2018 09:31am EST 

Nov 19 (Reuters) - Bombardier Inc ::BOMBARDIER TO SUPPLY 19 OMNEO PREMIUM TRAINS FOR THE HAUTS-DE-FRANCE REGION’S INTERCITY LINES.BOMBARDIER TRANSPORTATION - FIRST TRAINS ARE SCHEDULED FOR DELIVERY IN 2022.BOMBARDIER TRANSPORTATION - CALL-OFF ORDER IS PART OF CONTRACT SIGNED IN 2010 WITH SNCF AND IS VALUED AT ABOUT 256 MILLION EURO.  Full Article

Akiem And Bombardier Sign Contracts To Supply A Total Of 33 Traxx Locomotives
Friday, 9 Nov 2018 05:07am EST 

Nov 9 (Reuters) - Bombardier Transportation::AKIEM AND BOMBARDIER SIGN CONTRACTS TO SUPPLY A TOTAL OF 33 TRAXX LOCOMOTIVES.BOMBARDIER TRANSPORTATION - AKIEM AND CO SIGNED TWO CONTRACTS UNDER FRAME CONTRACTS TO DELIVER A TOTAL OF 33 BOMBARDIER TRAXX LOCOMOTIVES.BOMBARDIER TRANSPORTATION - BASED ON THEIR LIST PRICE, TWO FIRM ORDERS ARE VALUED AT A COMBINED TOTAL OF EUR 112 MILLION ($128 MILLION US).  Full Article

Longview Aviation Capital Acquires Dash 8 Program From Bombardier Inc.
Thursday, 8 Nov 2018 06:15am EST 

Nov 8 (Reuters) - LONGVIEW AVIATION CAPITAL CORP::LONGVIEW AVIATION CAPITAL CORP. ACQUIRES DASH 8 PROGRAM FROM BOMBARDIER INC..LONGVIEW AVIATION SAYS AGREED TO BUY,THROUGH UNIT,ENTIRE DASH 8 PROGRAM WITH 100, 200 AND 300 SERIES AND IN-PRODUCTION Q400 PROGRAM FROM BOMBARDIER.  Full Article

Bombardier Reports Results, to cut 5,000 Jobs
Thursday, 8 Nov 2018 05:30am EST 

Nov 8 (Reuters) - Bombardier Inc BBDB.TO::QTRLY EARNINGS PER SHARE $0.04, QTRLY ADJUSTED EARNINGS PER SHARE $0.04, QTRLY REVENUE $3.64 BILLION, DOWN 5 PERCENT.QTRLY BUSINESS AIRCRAFTS REVENUE $1.08 BILLION, UP 1 PERCENT; QTRLY BUSINESS AIRCRAFTS DELIVERIES 31 UNITS, UP 1 UNIT.AT QUARTER-END, BUSINESS AIRCRAFT ORDER BACKLOG $14.3 BILLION VERSUS $13.8 BILLION AT END OF DEC 31, 2017.QTRLY COMMERCIAL AIRCRAFTS REVENUE $256 MILLION VERSUS $515 MILLION; QTRLY COMMERCIAL AIRCRAFTS DELIVERIES 5 UNITS, DOWN 6 UNITS.COMMERCIAL AIRCRAFT ORDER BACKLOG 122 UNITS AT QUARTER-END VERSUS 85 UNITS AT END OF DEC 31, 2017.QTRLY BOMBARDIER TRANSPORTATION REVENUE $2.140 BILLION VERSUS $2.146 BILLION; QTRLY TRANSPORTATION ORDER INTAKE $1.9 BILLION, UP 6 PERCENT.BOMBARDIER TRANSPORTATION ORDER BACKLOG $33.9 BILLION AT QUARTER-END, VERSUS $35.1 BILLION AT END OF DEC 31, 2017.ENTERPRISE-WIDE PRODUCTIVITY INITIATIVES LAUNCHED, EXPECTED TO GENERATE $250 MILLION IN ANNUAL RECURRING SAVINGS BY 2021.GLOBAL 7500 ON TRACK FOR ENTRY INTO SERVICE BEFORE YEAR END.2018 GUIDANCE UPDATED; SEES REVENUE ABOUT $16.5 BILLION, EBIT ABOUT $1 BILLION & FCF BREAKEVEN ±$150 MILLION, INCLUDING NET PROCEEDS FROM DOWNSVIEW SALE.2019 TARGETS OF REVENUE UP ABOUT 10 PERCENT, EBIT UP ABOUT ABOUT 20% WITH IMPROVED CASH GENERATION; ; REAFFIRMS 2020 TARGETS.REACHED AGREEMENTS FOR SALE OF NON-CORE ASSETS & MONETIZATION OF ROYALTIES WHICH WILL GENERATE ABOUT $900 MILLION IN NET PROCEEDS.  Full Article

CAE To Buy Bombardier Business Aircraft Training For $645 Mln
Thursday, 8 Nov 2018 05:30am EST 

Nov 8 (Reuters) - CAE Inc ::CAE TO ACQUIRE BOMBARDIER BUSINESS AIRCRAFT TRAINING FOR US$645 MILLION TO EXPAND ITS POSITION IN BUSINESS AVIATION TRAINING.CAE INC - CAE'S OUTLOOK FOR ITS CURRENT FISCAL YEAR 2019 REMAINS UNCHANGED.CAE INC - FINANCING ACQUISITION WITH A COMBINATION OF CASH ON HAND, DRAWING ON ITS EXISTING BANK FACILITY AND NEW COMMITTED TERM LOANS.CAE INC - DEAL TO PROVIDE CO HIGH SINGLE-DIGIT PERCENTAGE EARNINGS ACCRETION AND WILL BE ACCRETIVE TO FREE CASH FLOW.CAE INC - DEAL ALSO TO BE ACCRETIVE TO CO'S CIVIL SEGMENT OPERATING INCOME MARGIN BY ABOUT 100-150 BPS.  Full Article

Bombardier Appoints Elliot Sander As New President Of Bombardier Transportation In The Americas
Monday, 29 Oct 2018 10:59am EDT 

Oct 29 (Reuters) - Bombardier Inc ::BOMBARDIER APPOINTS ELLIOT G. (LEE) SANDER AS NEW PRESIDENT OF BOMBARDIER TRANSPORTATION IN THE AMERICAS.BOMBARDIER TRANSPORTATION - SANDER SUCCEEDS BENOIT BROSSOIT.  Full Article

Bombardier Receives Order In Expansion Of Deutsche Bahn's Ice 4 Fleet
Thursday, 4 Oct 2018 06:00am EDT 

Oct 4 (Reuters) - Bombardier Inc ::BOMBARDIER RECEIVES ORDER AS SIEMENS' PARTNER AND SUPPLIER IN THE EXPANSION OF DEUTSCHE BAHN'S ICE 4 FLEET.BOMBARDIER - CONTRACT IS VALUED AT APPROXIMATELY 198 MILLION EURO ($229 MILLION US).BOMBARDIER - BOMBARDIER'S SUPPLY SHARE IS AROUND ONE THIRD OF DEUTSCHE BAHN'S ORDER OF 18 7-CAR TRAINS AND 50 RAIL CARS.  Full Article

Bombardier Says To Make $100 Mln Investment For New Service Center In Florida
Wednesday, 3 Oct 2018 02:06pm EDT 

Oct 3 (Reuters) - Bombardier Inc ::BOMBARDIER SAYS TO MAKE $100 MILLION INVESTMENT FOR NEW SERVICE CENTER IN FLORIDA.BOMBARDIER - NEW SERVICE CENTER WILL BE OPERATIONAL BY 2020.  Full Article

Bombardier's JV Wins Contract To Build 120 New Chinese Standard High-Speed Train Cars
Monday, 1 Oct 2018 04:14am EDT 

Oct 1 (Reuters) - Bombardier Transportation::BOMBARDIER’S JOINT VENTURE WINS CONTRACT TO BUILD 120 NEW CHINESE STANDARD HIGH-SPEED TRAIN CARS.BOMBARDIER TRANSPORTATION - ALL 120 CARS TO BE DELIVERED BEFORE END OF YEAR.BOMBARDIER TRANSPORTATION SAYS TOTAL CONTRACT IS VALUED AT ABOUT 2.2 BILLION CNY.BOMBARDIER TRANSPORTATION - AWARDED CONTRACT WITH CHINA RAILWAY CORP TO SUPPLY 120 CR400AF NEW CHINESE STANDARD HIGH-SPEED TRAIN CARS.  Full Article

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Bombardier's venture in China gets $453 million state rail contract

Canadian manufacturer Bombardier Inc's Chinese joint venture said on Thursday it had won a $453 million contract to supply 168 high-speed train cars to state-owned China Railway Corp (CRC), making it the second order win this year for China's growing high-speed network.