MONTREAL, June 1 (Korea Bizwire) — Bombardier (TSX: BBD.B) confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd (MHI) (TOKYO:7011) for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption of liabilities by MHI related to credit and residual [...]
MONTREAL, May 28 (Korea Bizwire) — Bombardier (TSX: BBD.B) today released its 2019 Activity Report, reaffirming its commitment to sustainability and highlighting the Company’s progress over the past year towards achieving its environmental, social and governance (ESG) goals. “As a company entrusted to safely move millions of people around the globe every day, Bombardier is [...]
MONTREAL, May 6 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the first quarter ended March 31, 2020 on Thursday, May 7, 2020. On May 7 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, [...]
MONTREAL, April 29 (Korea Bizwire) — Bombardier (TSX: BBD.B) will publish its financial results for the first quarter ended March 31, 2020 on Thursday, May 7, 2020. On May 7 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, Vice President, [...]
MONTREAL, March 24 (Korea Bizwire) — Bombardier (TSX: BBD.B) today announced that in support of the recent mandates from the Governments of Quebec and Ontario to help slow the spread of the COVID-19 pandemic, it will suspend all non-essential work at most of its Canadian based operations starting this evening at 11:59 pm until April 26, [...]
MONTRÉAL, March 11 (Korea Bizwire) — Bombardier (TSX: BBD.B) announced today that Éric Martel has been appointed President and Chief Executive Officer, and a member of the Bombardier Board of Directors, effective April 6, 2020. Éric Martel joins Bombardier from Hydro-Québec, where he has served as President and Chief Executive Officer since July 2015. With [...]
MONTRÉAL, Feb. 18 (Korea Bizwire) — Bombardier (TSX: BBD.B) announced today that its President and Chief Executive Officer, Alain Bellemare, and its Senior Vice President and Chief Financial Officer, John Di Bert, will speak at the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 19, at 1:50 p.m. EST DATE: Wednesday, February 19, 2020 [...]
All amounts in this press release are in U.S. dollars unless otherwise indicated. Amounts in EUR are converted to USD at an 1.1 exchange rate. MONTRÉAL, Feb. 17 (Korea Bizwire) — Bombardier (TSX: BBD.B) today announced that it has made the strategic decision to focus exclusively on business aviation and plans to accelerate its deleveraging [...]
MONTRÉAL, Feb. 13 (Korea Bizwire) — Bombardier (TSX: BBD.B) today reported its fourth quarter and full year 2019 results, in line with previously announced preliminary results. The company also confirmed it is still actively pursuing options to accelerate deleveraging, strengthen its balance sheet and enhance shareholder value. Sale of A220 Partnership Interest Bombardier has entered [...]
AMSTERDAM, Netherlands and MONTREAL, Feb. 13 (Korea Bizwire) — Airbus SE (EPA: AIR), the Government of Québec and Bombardier Inc. (TSX: BBD.B) have agreed upon a new ownership structure for the A220 programme, whereby Bombardier transferred its remaining shares in Airbus Canada Limited Partnership (Airbus Canada) to Airbus and the Government of Québec. The transaction [...]