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Bombardier Inc (BBDb.TO)

BBDb.TO on Toronto Stock Exchange

2.25CAD
13 Nov 2018
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$0.00 (+0.00%)
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$2.25
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Thu, Nov 8 2018

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Bombardier to cut 5,000 jobs, sell units; share dive on cash flow worries

Bombardier Inc said on Thursday it would sell two businesses for around $900 million and cut 5,000 jobs and as it expands its stronger corporate jet and rail divisions, but the company's shares fell as much as 26 percent on a disappointing free cash flow forecast.

UPDATE 5-Bombardier to cut 5,000 jobs, sell units; share dive on cash flow worries

* To sell two businesses for $900 mln (Adds statement from buyer on Canadian plant, job concerns from unions, comment from Canadian minister and updates share price)

Bombardier third-quarter EBIT more than doubles

Nov 8 Canadian plane and train maker Bombardier Inc's most-watched measure of earnings more than doubled in the third quarter, helped by higher margins and sales.

Bombardier to sell Q400 Turboprop aircraft program to Viking Air: source

MONTREAL Bombardier Inc is set to announce the sale of its Q400 turboprop aircraft program to Canadian aircraft manufacturer Viking Air, a person familiar with the matter said late on Wednesday.

Bombardier to sell Q400 Turboprop aircraft program to Viking Air -source

MONTREAL, Nov 7 Bombardier Inc is set to announce the sale of its Q400 turboprop aircraft program to Canadian aircraft manufacturer Viking Air, a person familiar with the matter said late on Wednesday.

CORRECTED-UPDATE 1-Airbus says tougher to meet jet delivery goal after snags

PARIS, Oct 31 European planemaker Airbus softened its key target for jet deliveries on Wednesday and warned reaching it would be a "greater stretch" after a sequence of industrial problems.

Bombardier sues Mitsubishi jet program over trade secrets

Canadian airplane maker Bombardier Inc has sued the aircraft unit of Japan's Mitsubishi Heavy Industries Ltd , saying former Bombardier employees passed on trade secrets to help Mitsubishi's oft-delayed regional jet project.

CORRECTED-UPDATE 1-Bombardier sues Mitsubishi jet program over trade secrets

* Bombardier seeks preliminary injunction to stop information use

Bombardier sues Mitsubishi jet program over trade secrets

Oct 21 Canadian airplane maker Bombardier Inc has sued the aircraft unit of Japan's Mitsubishi Heavy Industries Ltd, saying former Bombardier employees passed on trade secrets to help Mitsubishi's oft-delayed regional jet project.

Bombardier meets 70 pct of delivery target for 2018

Oct 16 Canada's Bombardier Inc said on Tuesday it had delivered 31 business jets in the third quarter, meeting more than 70 percent of its delivery target of 135 jets for the year.

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