Bombardier News

Bombardier Profit Hit By Aircraft Cancellations

June 4, 2009

Profit at Bombardier fell 31 percent in the latest quarter as the number of corporate jet cancellations rose due to the recession, but weakness in the aerospace market may have bottomed out, the company said on Wednesday.
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Bombardier Says It's The Right Size For Demand

May 29, 2009

Bombardier chief executive Pierre Beaudoin said on Friday that the Canadian plane and train maker is now the right size to meet demand and that it is seeing some business coming back in the aerospace sector, which has been hit hard by the weak economy.
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Bombardier Posts Higher Profit, To Cut More Jobs

April 2, 2009

Bombardier reported a better-than-expected quarterly profit on Thursday, but said it would cut another 3,000 jobs and scale back production of its business jets this year due to dwindling orders.
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Bombardier Wins USD$1.4 Bln CSeries Jet Order

March 30, 2009

Bombardier said on Monday it has received an order worth about USD$1.44 billion for 20 of its CSeries jets from Lease Corporation International, with an option for it to purchase another 20.
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Bombardier Signs USD$1.53 Bln Deal With Lufthansa

March 11, 2009

Bombardier signed a deal on Wednesday to sell 30 of its new CSeries aircraft to Lufthansa for about USD$1.53 billion.
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Bombardier Q400s Have Had Few Prior Problems

February 13, 2009

Canadian plane maker Bombardier said on Friday the crash of one of its Dash 8 Q400 turboprop aircraft near Buffalo, New York, on Thursday night, which killed 50 people, was the first fatal crash involving that type of plane, although it has had some safety problems.
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