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Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

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 [...]

Bombardier Releases its 2019 Activity Report, Highlighting Sustainability Milestones and Objectives

Bombardier Releases its 2019 Activity Report, Highlighting Sustainability Milestones and Objectives

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 [...]

REMINDER/Media Advisory: Bombardier to Report its First Quarter 2020 Financial Results on May 7, 2020

REMINDER/Media Advisory: Bombardier to Report its First Quarter 2020 Financial Results on May 7, 2020

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, [...]

Media Advisory: Bombardier to Report its First Quarter 2020 Financial Results on May 7, 2020

Media Advisory: Bombardier to Report its First Quarter 2020 Financial Results on May 7, 2020

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, [...]

Bombardier Announces Temporary Suspension of Work at its Canadian Operations; Suspends 2020 Financial Guidance

Bombardier Announces Temporary Suspension of Work at its Canadian Operations; Suspends 2020 Financial Guidance

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, [...]

Bombardier Announces Leadership Change

Bombardier Announces Leadership Change

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 [...]

Media Advisory: Bombardier CEO and CFO to Speak at Barclays Industrial Select Conference on February 19, 2020

Media Advisory: Bombardier CEO and CFO to Speak at Barclays Industrial Select Conference on February 19, 2020

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   [...]

Bombardier Announces its Strategic Decision to Focus on Business Aviation and its Intent to Accelerate Deleveraging Through Sale of Transportation Division to Alstom

Bombardier Announces its Strategic Decision to Focus on Business Aviation and its Intent to Accelerate Deleveraging Through Sale of Transportation Division to Alstom

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 [...]

Bombardier Announces Full-Year Financial Results

Bombardier Announces Full-Year Financial Results

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 [...]