Bombardier

• Bombardier takes top spot for business jet production globally

  The Montreal-based company churned out 123 private planes last year, beating out for the second year in a row Gulfstream Aerospace Corp., which produced 120.

  Economy

  Feb 23
  
• Bombardier reports US$241M fourth quarter profit, revenue up from year ago

  The company said it repaid $1.1 billion in debt in 2022, and has reduced its long-term debt by 41 per cent, or $4.1 billion, since the end of 2020.

  Canada

  Feb 9
  
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• Bombardier posts loss in second quarter, boosts guidance on free-cash flow

  Bombardier says it delivered 28 aircraft in the quarter. It is also confident that the business aviation industry will grow in the long term.

  Canada

  Aug 4, 2022
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• Bombardier seizes on soaring demand for private jets

  The company says it delivered 21 aircraft in the quarter and was on track to meet its full-year guidance for more than 120 deliveries.

  Economy

  May 5, 2022
• Bombardier vows to fight Alstom claims on railway deal at international arbitration

  Bombardier said when the sale was completed in 2021 that it intended to challenge some price adjustments that lowered the deal to US$3.6 billion from an estimate of US$4 billion.

  Canada

  Apr 25, 2022
• Bombardier, Canadian Tire suspend Russia-linked operations over Ukraine invasion

  Bombardier says it is deeply saddened by the unfolding humanitarian crisis and has suspended all activities with Russian clients, including all forms of technical assistance.

  World

  Mar 4, 2022
• Bombardier pledges to avoid business with sanctioned Russian individuals, companies

  Bombardier 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.

  Canada

  Feb 24, 2022
• Bombardier sees profit in Q4 as demand for business jets soars

  In its outlook for 2022, Bombardier says it expects revenue to increase compared with 2021 to more than US$6.5 billion.

  Canada

  Feb 10, 2022
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• Bombardier reports US$377-million Q3 loss, revenue up from year ago

  The business jet maker, which keeps its books in U.S. dollars, says the loss amounted to 16 cents per diluted share for the quarter.

  Canada

  Oct 28, 2021
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• Bombardier won’t rule out seeking government help in the future, says CEO

  The company says the order from a customer who wishes to remain confidential is its largest this year.

  Economy

  Sep 30, 2021