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Bombardier Inc (BBDb.TO)

BBDb.TO on Toronto Stock Exchange

3.10CAD
17 Nov 2017
Change (% chg)

$0.02 (+0.65%)
Prev Close
$3.08
Open
$3.08
Day's High
$3.10
Day's Low
$3.08
Volume
1,868,043
Avg. Vol
6,525,190
52-wk High
$3.24
52-wk Low
$1.83

Latest Key Developments (Source: Significant Developments)

Moody's downgrades Bombardier to B3, outlook revised to negative‍​
Tuesday, 24 Oct 2017 07:16pm EDT 

Oct 24 (Reuters) - :Moody's downgrades Bombardier to B3, outlook revised to negative‍​.Moody's says downgrade reflects view that Bombardier's leverage will remain high through 2019.Moody's says Bombardier's ability to generate positive cash flow in 2019 has headwinds related to potential delay of C series plane deliveries.  Full Article

Moody's says Bombardier deal is credit positive for Airbus
Tuesday, 17 Oct 2017 04:05pm EDT 

Oct 18 (Reuters) - Moody's:Moody's says Bombardier deal is credit positive for Airbus.Moody's - Bombardier deal to complement Airbus' product offering in smaller single-aisle aircraft market without material negative impact on credit metrics.  Full Article

Boeing says Airbus/Bombardier deal "has no impact on the pending proceedings at all" - tweet ‍​
Tuesday, 17 Oct 2017 04:01pm EDT 

Oct 17 (Reuters) - Boeing -:Says Airbus/Bombardier deal "has no impact on the pending proceedings at all" - tweet ‍​.  Full Article

Airbus and Bombardier to become partners on the C series aircraft programme
Monday, 16 Oct 2017 08:18pm EDT 

Oct 16 (Reuters) - Airbus Se ::Airbus says co, Bombardier are to become partners on the c series aircraft programme; corresponding agreement was signed on Oct 16.Airbus says co to acquire majority stake in the C series aircraft limited partnership‍​.Airbus says Airbus will acquire a 50.01pct interest in C series aircraft limited partnership at closing.Airbus says under deal, co to provide procurement, sales, marketing, customer support expertise to the C series aircraft limited partnership.Airbus says CSALP’s headquarters and primary assembly line and related functions will remain in québec.Airbus says Bombardier and investissement Québec will own about 31pct and 19pct respectively in C series aircraft limited partnership.Airbus ‍​says deal also contemplates Bombardier will continue with its current funding plan of CSALP.Airbus says Airbus will be entitled to name the chairman of CSALP.Airbus says CSALP's board will initially consist of seven directors, four of whom will be proposed by Airbus, two by Bombardier, and one by IQ.Airbus - deal has been approved by the boards of directors of both Airbus and Bombardier, as well as the cabinet of the government of Québec.Airbus says deal also provides for issuance to Airbus, upon closing, of warrants exercisable to acquire up to 100 million class b shares of bombardier.  Full Article

Delta Air Lines CEO Edward Bastian says no U.S.-made jets compete with Bombardier - CNBC ‍​
Wednesday, 11 Oct 2017 06:50am EDT 

Oct 11 (Reuters) - Bombardier Inc :Delta Air Lines CEO Edward Bastian says no U.S.-made jets compete with Bombardier - CNBC ‍​.Delta Air Lines CEO Edward Bastian says not cutting back on upgrades - CNBC ‍​.  Full Article

Bombardier signs largest ever Q400 Turboprop order with SpiceJet for up to 50 aircraft
Friday, 29 Sep 2017 08:00am EDT 

Sept 29 (Reuters) - Bombardier Inc ::Bombardier signs largest ever Q400 TurboProp order with SpiceJet for up to 50 aircraft.Bombardier - ‍purchase agreement includes 25 Q400 TurboProps and purchase rights on an additional 25 aircraft​.Bombardier - ‍based on list prices, order is valued at up to US $1.7 billion.​.Bombardier - Spicejet to become launch customer of extra-capacity, 90-seat Q400 aircraft.Bombardier - ‍ concluded a firm purchase agreement with Spicejet limited for up to 50 Q400 turboprop airliners​.  Full Article

Delta Air Lines CEO calls Boeing anti-dumping claims "absurd" & "bizarre"‍​
Wednesday, 27 Sep 2017 10:33am EDT 

Sept 27 (Reuters) - Delta Air Lines CEO Edward Bastian::CEO Bastian calls boeing anti-dumping claims "absurd" and "bizarre"‍​.Delta Air Lines CEO Edward Bastian says carrier does not want to be in the middle of the Boeing-Bombardier dispute‍​.Delta Air Lines CEO Bastian says he does not believe U.S. government will impose high duties on Bombardier jets.  Full Article

Siemens negotiating with Alstom, Bombardier about potential rail combinations- Bloomberg
Thursday, 21 Sep 2017 08:17am EDT 

Sept 21 (Reuters) - :Siemens AG is negotiating with Alstom SA as well as Bombardier Inc about potential rail combinations- Bloomberg, citing sources.  Full Article

Unifor workers to protest at Toronto's Bombardier Aerospace plant on Wednesday
Tuesday, 19 Sep 2017 05:39pm EDT 

Sept 19 (Reuters) - Bombardier Inc :Unifor - Workers at Toronto's Bombardier Aerospace Plant will walk out of facility Wednesday to call on Boeing to drop trade complaint against Co.  Full Article

Bombardier Transportation appoints Sudhir Rao as MD of India‍​ ops
Tuesday, 19 Sep 2017 01:34am EDT 

Sept 19 (Reuters) - Bombardier Transportation::Sudhir Rao to assume role of managing director at Bombardier Transportation in India‍​.Rao joins bombardier transportation from Skoda Auto where he held position of chairman, MD, India.  Full Article

BRIEF-Bombardier recruits to fill positions for completion work on Global 7000 aircraft​

* Says ‍actively recruiting to fill about 1,000 new positions in Montréal over next 18 months for completion work on its Global 7000 aircraft​ Source text for Eikon: Further company coverage: