MONTREAL - Bombardier is planning yet another round of cost-cutting and says layoffs are likely in Toronto and Montreal as it seeks to boost profits to address shareholder frustrations and adjust to weaker demand for business jets.
This short video highlights the hottest news stories in manufacturing from the month of March 2015.
Bombardier Aerospace announced this week that the development of the CSeries aircraft is making excellent progress as the program readies to transition to the flight test phase in order to achieve first flight by the end of June 2013.
SINGAPORE (CP) - Export Development Canada announced a deal with a major China-based leasing company Wednesday aimed at promoting the use of Bombardier Inc. aircraft in that country and elsewhere.
Toronto - Bombardier Aerospace announced yesterday that Geneva-based PrivatAir has placed a firm order for five CS100 airliners and has taken options on an additional five CS100 aircraft.
MONTREAL, QUEBEC - Bombardier Aerospace has secured a firm order for two Challenger 605 aircraft from the Hong Kong Government Flying Service (GFS) for use primarily in search and rescue, as well as other special mission applications. The aircraft will be manufactured at Bombardier's facility in Montreal, Quebec, and outfitted with special mission equipment by a sub-contractor to Bombardier.
TORONTO, ONTARIO - Bombardier Aerospace confirmed today that a firm order for four Q400 NextGen high-speed turboprop airliners, which was announced on August 16, 2011, was placed by Luxair, the national airline of the Grand Duchy of Luxembourg. The transaction also included options on an additional four Q400 NextGen aircraft.
Montreal, Quebec - Bombardier Aerospace announced August 24th that Gary R. Scott, President, Bombardier Commercial Aircraft, will be retiring on October 1, 2011. Guy C. Hachey, President and Chief Operating Officer, Bombardier Aerospace, will lead the Commercial Aircraft business unit until a replacement is named.
MONTREAL — Avior Integrated Products Inc. recently announced a contract award from Bombardier Aerospace to manufacture structural components. The scope of work includes a combination of composite parts, fabricated metal parts and lightweight hybrid structural sub-assemblies. These new parts and assembly packages are applicable to Bombardier's Challenger, CSeries, Global, Learjet 85, Q400 NextGen, and CRJ NextGen aircraft programs.
PARIS, FRANCE — Bombardier Aerospace announced that it had a very successful week at the Paris Air Show with up to $4.7 billion US in firm orders, options and purchase rights for its technologically advanced CSeries airliner and large cabin Global 7000 and Global 8000 business aircraft.