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 Bombardier Incorporated

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updated Sun. May 6, 2018

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Bombardier Transportation has received a new order for five Aventra trains for Transport for London's (TfL) Elizabeth line – bringing the total number of ordered trains to 70. London Underground and Elizabeth line managing director Mark Wild said that the extra trains will allow it to serve all the terminals at ...
Bombardier Transportation has signed a contract with the Maryland Transit Administration (MTA) to continue providing operations and maintenance services for the Maryland Area ... Bombardier previously built 54 multilevel MARC IV coaches for the MTA and overhauled 34 single-level MARC IIB coaches.

Relative to Wichita and the company's local business jet facility, David Coleal, a former leader of the local site and now president of Bombardier Business Aircraft, had his total compensation increase from $4.6 million to $5.3 million. The company's CFO, the head of its commercial aircraft division and the ...
Boeing will not appeal against the U.S. trade commission ruling that allows Canada's Bombardier to sell its newest jets to U.S. airlines without heavy duties. The U.S. International Trade Commission (ITC) unanimously voted in January to reject Boeing's complaint and discarded a Commerce Department ...
Montreal-based Bombardier Inc. is awaiting the causes of two deadly aircraft crashes over the past couple of days involving its Q400 turbo and Challenger business jet. At least 50 people were killed Monday when a US Bangla Airlines passenger plane carrying 71 people from Bangladesh crashed and ...
Nepalese rescuers work amid the debris after a passenger plane from Bangladesh crashed at the airport in Kathmandu, Nepal, Monday, March 12, 2018. The passenger plane carrying 71 people from Bangladesh crashed and burst into flames as it landed Monday in Kathmandu, Nepal's capital, killing ...

Montreal-based Bombardier is awaiting the causes of two deadly crashes over the past couple of days involving its commercial and business planes. At least 50 people were killed today when a US Bangla Airlines Q-400 passenger plane carrying 71 people from Bangladesh crashed and burst into flames ...
MONTREAL _ Bombardier Inc. is sending two officials to Nepal Tuesday to assist with the investigation of one of two deadly aircraft crashes over the past couple of days involving its Q400 turbo and Challenger business jet. An air safety senior investigator will act as an adviser and a field service ...
Bombardier, which considered bankruptcy in 2015 after facing a cash-crunch, is in the middle of an aggressive turnaround plan that leans on the delivery of its new long-range, Global 7000 business jet to achieve a 25 per cent jump in total company revenues to US$20 billion by 2020, compared with 2017.
In sign that bodes well for sales of new aircraft that will help drive future production work in Wichita, Bombardier Inc.'s CFO said this week that the dynamic is shifting in the used aircraft market. According to a report from the Globe and Mail, Bombardier CFO John Di Bert said this week at the Barclays ...
Separately on Wednesday, Bombardier Chief Executive Alain Bellemare told a Miami conference that the company would weigh options for the rail unit. But he said there was no "rush" to consolidate since the US$8.5 billion division has the heft to compete on its own and because he does not expect Alstom ...
CANADIAN train builder Bombardier has hit the State Government with a $100 million damages claim over delays to Queensland's troubled $4.4 billion ... It is understood Bombardier has lodged a claim to claw back more than $100 million in liquidated damages costs over contractual delays it has blamed ...
The US department of commerce, led by the former Bank of Ireland investor Wilbur Ross, had proposed slapping a punitive tariff of almost 300 per cent on the cost of Bombardier CSeries jets sold in the United States. It largely bought Boeing's argument that the Canadian group was dumping its planes in ...
Bombardier Inc. (BBD.A.T) released earnings results for its fourth quarter Thursday before the market opened. Here's what you need to know. LOSS/PROFIT: The company reported a loss of $109 million, or 5 cents a share, compared to a loss of $259 million, or 12 cents a share, a year ago. On an adjusted ...
Bombardier, the train and plane manufacturer at the centre of a trade row between the US, the UK and Canada, has seen a 57% rise in profits. The US Commercial department had threatened to impose 292% tariffs on its C-Series aircraft which employs some 4,000 workers in Belfast. But the US ...
A U.S. trade agency on Wednesday said it did not impose hefty duties on sales of Bombardier Inc's new jetliner to American carriers because it found that Boeing Co lost no sales or revenues when Delta Air Lines ordered the aircraft in 2016 from the Canadian planemaker. The International Trade ...
A Wall Street analyst told an aviation conference this week that he expects Bombardier Inc. to eventually bow out of the commercial aerospace market and focus on its train and business jet divisions going forward. According to a report from Flightglobal, Merrill Lynch senior equity analyst Ron Epstein said ...

A top Wall Street analyst views Bombardier's pending sale of the CSeries programme to Airbus as a key step in the Canadian manufacturer's larger plan to exit the commercial aircraft business. Speaking to the Pacific Northwest Aviation Alliance conference near Seattle on 13 February, Merrill Lynch senior ...
Bombardier Learjet, Challenger, and Global business jet operators can expect aircraft repairs to be less of a headache going forward, after airframe and engine spare-parts supply specialist AJW Group announced at the Singapore Airshow the signing a long-term agreement with Bombardier for management of the ...
Bombardier's bitter trade dispute with Boeing had threatened jobs at the Belfast plant after the United States trade authorities sided with the US company and proposed a 292% tariff on the import of its rival's planes into the country. There was a huge sigh of relief in Belfast when that decision was overturned ...
Bombardier Transportation has signed a Memorandum of Understanding (MoU) with Mahidol University in Thailand to strengthen cooperation for graduate education and research in the rail industry over the next five years. This academic partnership is Bombardier's first in Thailand to focus on such ...
A report by MPs says Boeing's actions in bringing a trade case against Bombardier should be considered when it next bids for government contracts. Bombardier won a landmark case in the US, overturning a decision to impose huge tariffs on imports of its C-Series planes, partly built in the UK. It followed a ...
REUTERS: Asia-Pacific, excluding Greater China, is expected to take delivery of 2,050 aircraft by 2036, according to a forecast by Canadian planemaker Bombardier Inc . "Strong GDP growth and a booming middle class should drive passenger traffic numbers to triple in the next 20 years," said Francois ...
SINGAPORE — Bombardier and Airbus could have a final assembly line in the U.S. up and running within a year of a go-ahead, but it remains undecided whether C Series jets ordered by Delta Air Lines will be produced there or in Canada, says Colin Bole, senior vice president for commercial at ...
The partnership with Airbus that could bring a new jetliner assembly line to Mobile is Bombardier's "top priority," an executive said Wednesday at the Singapore air show. Other news coming out of the show includes word that Airbus may develop military version of the A320-family passenger jets. Airbus' ...
Bombardier has confirmed it has added a second production line in Kingston in order to deliver new streetcars to the Toronto Transit Commission "as quickly as possible." The Montreal-based manufacturer told CBC Toronto it plans to deliver 65 vehicles by the end of 2018 and 77 more in 2019. If those ...
Caption: Presidential spokesman Amos Chanda flanked by Zambia's Charge d' Affaires in Sweden Anthony FILE: Caption: Presidential spokesman Amos Chanda flanked by Zambia's Charge d' Affaires in Sweden Anthony Mukwita, Bombardier head of rail Christian Bengtsson and head of bids Johan ...
Thousands of jobs in Northern Ireland appear to have been saved after plane maker Bombardier won a legal battle in the US that has overturned damaging import tariffs on its C-series aircraft. On Friday the US International Trade Commission (ITC) voted unanimously against Boeing in favour of its ...
“I have worked with the company and Union representatives over the past year to resist the economic threat posed to jobs at the Bombardier Belfast operation, and by extension to our local economy. “I hope that the matter is now closed and that the company can secure the future of the C-Series, and by ...
MONTREAL — When the United States' own federal trade agency on Friday quashed the Trump administration's attempt to impose duties of nearly 300 percent on imported jets made by the storied Quebecois aerospace company Bombardier, Canadians could have been forgiven for reacting with a ...
Shares of Bombardier ca:bbd bbd surged on Friday after the International Trade Commission ruled that 100- to 150-seat large civil aircraft from Canada do not injure U.S. industry. Boeing ba shares fell modestly. Read the full story: Bombardier jet sales didn't harm Boeing, panel says ...
The S&P/TSX composite index was up 35.21 points to 16,239.22, with the industrials sector among key advancers as Bombardier Inc. shares surged 15.31 per cent following news it won its trade dispute with Boeing Co. The U.S. International Trade Commission ruled in favour of the Canadian plane maker, ...
In a surprise decision, the U.S. International Trade Commission has ruled against aerospace giant Boeing in a bitter trade case it brought against Bombardier over passenger jets its Canadian rival sold to Delta Air Lines. The 4-0 decision is defeat for Boeing, which had argued that Bombardier's trade ...
Mumbai: The sleek and comfortable Bombardier-make suburban trains will be brought to the Harbour line soon after training motormen and guards. Officials said that the new, smoother Bombardier has been introduced on the Central Railway (CR) mainline just a month ago. The Bombardier was first ...
The notices follow the U.S. Department of Commerce's plans to impose duty rates of nearly 300 per cent on future imports of Bombardier's C Series aircraft, and the U.S. International Trade Commission's determination that softwood lumber imported from Canada is subsidized and hurts the U.S. industry.
Yesterday, during a trade union rally attended by hundreds of workers at Bombardier's east Belfast plant, Unite regional officer Susan Fitzgerald said that workers here "won't be collateral damage in a trade war". Demanding political action at the 11th hour, Ms Fitzgerald warned that if the decision went ...
In a fresh filing with the U.S. International Trade Commission, Bombardier says it has made "substantial further progress" toward building a new aircraft assembly line in coastal Alabama. The news is the latest twist in high-stakes maneuvering among some of the world's biggest aerospace companies.
MONTREAL -- Bombardier Inc. will not confirm a published report in Iran that the Canadian planemaker is finalizing its first commercial aircraft order in the Middle Eastern country. The Quebec-based company has acknowledged in the past that it was exploring opportunities in Iran. Chief executive Alain ...
Bombardier is shopping around its sprawling aircraft manufacturing site in Toronto's high-priced real-estate market. The transportation company said it put its 152-hectare Downsview Airport location north of the city's downtown up for sale a couple of weeks ago as part of its financial turnaround plan.
Any hopes Bombardier, Inc. (TSX:BBD.B) had of passing quietly into 2018 with resolutions of meeting deadlines received a dose of reality this month, as the TTC's new acting CEO has begun to draw up alternative plans if Bombardier fails to deliver on the massive $1 billion streetcar contract that is rapidly ...
According to people involved with the history, Boeing took serious looks alternately at Embraer and at its Canadian rival, Bombardier, over the past 18 years. In May 1999, then-Boeing Commercial Airplanes chief executive Alan Mulally commissioned the first study of the possibility of buying Embraer.
According to people involved with the history, Boeing took serious looks alternately at Embraer and at its Canadian rival, Bombardier, over the past 18 years. In May 1999, then-Boeing Commercial Airplanes chief executive Alan Mulally commissioned the first study of the possibility of buying Embraer.
The action joins a growing list of disputes between the countries over issues such as aircraft sales and timber, as well as efforts to renegotiate the North American free-trade deal. Bombardier Aerospace, the Canadian company, faces a 300 per cent duty on US sales of its C Series jets, such as the CS100.
The Government expect Bombardier to lose a US trade case with Boeing in a final ruling due within weeks. But a minister has rejected criticism of Prime Minister Theresa May's lobbying efforts. Richard Harrington, a minister at the Department for Business, Energy and Industrial Strategy, was speaking at a ...
Bombardier Transportation has received an order for 32 trains from SNCF, the French state railway, the company said on Wednesday. The order is part of a larger deal signed between the two companies in 2010. The deal gives SNCF the option to purchase up to 860 trains from Bombardier. The exercise of ...
Bombardier has racked up debt over the last few years for such programs as the new Global 7000 business jet, which is due to enter service in the second half of 2018, and the C Series commercial jetliner, which made its debut last year and cost at least $2 billion more than planned. Amid the cost overruns ...
WASHINGTON — Boeing clashed with Canadian jet maker Bombardier in a hearing on Monday over a trade dispute that has pitted the United States against Canada, adding to already heightened trade tensions between the two nations. The case, which centers on a small aircraft that Bombardier plans to ...
The improving results underscore progress under Chief Executive Officer Alain Bellemare after two aircraft-development programs left Bombardier awash in debt. Having shored up liquidity, cut thousands of jobs and agreed to team with Airbus SE on the C Series jetliner, Bellemare now is working to push ...
"We were the harmed party," Embraer Commercial Aviation CEO John Slattery told Reuters at the Singapore Airshow. "Illegal subsidies were given both by the federal government and the state of Quebec to Bombardier. In addition to that Bombardier sold the aircraft in the North American market below cost.
Bombardier on Tuesday tried to draw Brazilian rival Embraer into a hotly contested trade dispute just days before a U.S. agency is set to make a ruling. The International Trade Commission is set to decide this week whether to back a recommendation to impose stiff taxes on some of Bombardier's planes ...


 

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