MONTREAL — Bombardier’s new CEO said Friday the transportation giant won’t sell assets at “fire sale” prices to tackle its financial challenges, which have been accentuated by higher spending on its CSeries commercial aircraft.
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After winning shareholder support to issue new shares, Alain Bellemare said the aircraft and railway manufacturer doesn’t feel pressure to act hastily.
He also said the company continues to hope for certification of the new CSeries this year with deliveries beginning in early 2016.
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