Bombardier Transportation

• Bombardier plans to sell remaining 3.1% stake in Alstom from sale of rail unit

  Bombardier says it plans to sell 11.5 million shares in Alstom S.A. that it obtained in January with the sale of its railway business to the French company.

  Canada

  May 4, 2021
  
• Bombardier expects business jet deliveries to begin gradual recovery this year

  The Montreal-based company says it expects to turn free-cash-flow positive next year and generate more than US$500 million in 2025.

  Canada

  Mar 4, 2021
  
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• New Caisse CEO stresses caution after 10-year bull market and soft 2019 returns

  The Caisse is aiming for caution amid a growing gap between real economic performance and a soaring stock market.

  Economy

  Feb 20, 2020
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• Bombardier sheds biggest division as Alstom buys train-making unit

  Under the agreement, Bombardier's transportation unit will be sold to Alstom for US $8.2 billion.

  Canada

  Feb 17, 2020
• Quebec angry as Ottawa says Bombardier can’t be favoured for Via Rail train contract

  François Legault said "it makes no sense" for Ottawa to let Via Rail award a major contract without ensuring any jobs are created in Canada.

  Canada

  Nov 27, 2018
• Bombardier Transportation changes president of Americas amid project delays

  Elliot Sander, who takes over from Benoit Brossoit effective Nov. 19, will also oversee all sales and business development activities in the region.

  Economy

  Oct 29, 2018
• Edmonton’s new Light Rail Vehicle for Valley Line LRT on display

  Bombardier has faced backlash across the country over missed deadlines on projects but on Friday morning in Edmonton, the company celebrated the arrival of the city's newest public transit vehicle.

  Canada

  Jul 27, 2018
• Quebec premier wants Bombardier rail plant to get Montreal Metro renewal contract

  The premier says the province would first sign a deal with the City of Montreal for the cars before tabling a bill to secure the agreement.

  Politics

  Apr 13, 2018
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• Bombardier employee arrested in Sweden on suspicion of bribery

  Swedish prosecutors say a Russian national with Bombardier Inc.'s operation in Sweden has been detained on suspicion of aggravated bribery.

  Money

  Mar 10, 2017
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• Bombardier to temporarily suspend jet production

  Bombardier is juggling challenges on two new fronts in Canada, temporarily suspending business jet production and falling behind in its delivery of a light rail transit prototype for Toronto's Eglinton Crosstown transit line.

  Money

  Sep 1, 2016