Bombardier
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Bombardier sees profit jump as wealthy travellers return to flyingCanada's Bombardier reported a 43 per cent increase in quarterly adjusted profit on Thursday, helped by a recovery in business aviation.CanadaMay 6
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Bombardier plans to sell remaining 3.1% stake in Alstom from sale of rail unitBombardier 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.CanadaMay 4
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Bombardier expecting Q1 revenues to increase 18%; faces accusation from debt holderThe Montreal-based maker of business jets released preliminary results that expect revenues to increase 18 per cent from a year ago to US$1.3 billion.EconomyMay 3
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Bombardier expects business jet deliveries to begin gradual recovery this yearThe Montreal-based company says it expects to turn free-cash-flow positive next year and generate more than US$500 million in 2025.CanadaMar 4
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Confidential information exposed in recent data breach: BombardierHackers gained access to the data by exploiting a vulnerability in a third-party file transfer application, Bombardier said in a news release.CanadaFeb 23
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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
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Bombardier lands contract to end year on a high noteBombardier has secured a contract to deliver 10 new Challenger 350 business jets in a deal that represents one of its biggest sales of the year.Dec 24, 2020
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Bombardier and Alstom say railway deal has received regulatory approvalsThe companies say they now expect the transaction to close on Jan. 29, 2021.CanadaDec 1, 2020
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UK fraud office probes Bombardier over suspected bribery in airplane salesBombardier said it had been informed about the UK Serious Fraud Office probe several weeks ago and would cooperate.CanadaNov 6, 2020
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Bombardier sees US$192M third-quarter profit compared with a loss a year agoThe Montreal-based company reported a net income of US$192 million in its third quarter.CanadaNov 5, 2020
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