Bombardier News
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Bombardier pledges to avoid business with sanctioned Russian individuals, companiesBombardier said it will establish a 'recurring, incremental capital allocation envelope of up to US$600 million per year' to put toward strategic projects or debt reduction.CanadaFeb 24, 2022
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Bombardier to lay off about 1,600 workersThe company says the cuts will bring its global workforce to 13,000 by the end of the year.CanadaFeb 11, 2021
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Coronavirus: Bombardier to recall 11,000 workers as Quebec prepares to reopen economyThe plane-and-train maker says it will resume production in Quebec as of May 11.EconomyApr 28, 2020
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Bombardier stocks drop as investors flinch at sale of train division to AlstomBombardier shares fell 22 cents to a low of $1.43 in late-afternoon trading on the Toronto Stock Exchange.EconomyFeb 18, 2020
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Future of other Bombardier projects uncertain amid C Series dealBombardier's strategic C Series partnership with Airbus should put it on stronger financial footing but it remains unclear what fate awaits its other commercial aircraft.CanadaOct 21, 2017
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Airbus not planning to buy out Bombardier’s CSeries program, CEO saysAirbus chief executive Tom Enders said the company will add to Montreal's large aerospace cluster and provide more opportunities for local suppliers, universities and aerospace training schools.MoneyOct 20, 2017
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Airbus has the option of buying Bombardier’s entire C-Series. What then?The question is whether Airbus will decide to use its buyout option.MoneyOct 18, 2017
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Bombardier left out in the cold after merger of Siemens and AlstomEuropean railway manufacturers Siemens and Alstom announce merger, leaving Montreal-based Bombardier Transportation out in the cold.ConsumerSep 26, 2017
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Ottawa ready to invest in Bombardier: Navdeep BainsThe federal government investing in aerospace giant Bombardier is not a matter of if but how, Innovation Minister Navdeep Bains said Tuesday.CanadaOct 11, 2016
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