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Bombardier News

News on Bombardier continually updated from thousands of sources around the net.

3 hrs ago | Reuters

Honeywell to roll out hardware on Bombardier business jets

Bombardier Inc said Tuesday that it will be the first business jet manufacturer to outfit its planes with the latest hardware made by Honeywell International Inc to support speedy in-flight Internet. The deal highlights the growing demand among travelers for robust Internet connections worldwide on business jets.

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Related Topix: Honeywell International, Aerospace-Defense, Civil Aircraft, Bombardier Aircraft, Aircraft, Bombardier Global 5000, Marketing

3 hrs ago | The Washington Post

Bombardier Seen Slowing CSeries Again on Tests: Corporate Canada

Bombardier Inc.'s proposed CSeries jet, already two years late, is stirring concern among analysts that the company will miss its target to get the plane in service by the second half of 2015. The initial delivery of the planemaker's biggest-ever model will probably be postponed for a third time, pushing the commercial debut to 2016, according to seven analysts, investors and consultants tracking the program.

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Related Topix: Aerospace-Defense, Financial Markets, Fairfax, VA, Business News

3 hrs ago | Bloomberg

Bombardier Seen Delaying CSeries Again as Tests Continue

Bombardier Inc. 's proposed CSeries jet, already two years late, is stirring concern among analysts that the company will miss its target to get the plane in service by the second half of 2015. The initial delivery of the planemaker's biggest-ever model will probably be postponed for a third time, pushing the commercial debut to 2016, according to seven analysts, investors and consultants tracking the program.

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Related Topix: Aerospace-Defense

Fri Sep 12, 2014

Castanet.net

Most actively traded companies on the TSX

B2Gold Corp. . Miner. Down two cents, or 0.85 per cent, to $2.34 on 7.6 million shares.

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Related Topix: Insurance, Manulife Financial, Aerospace-Defense, Canada,

The Globe and Mail

Workers at Bombardier plant in Thunder Bay ratify new contract

A inisher inspects the exterior of a Go Train that is being assembled at the Thunder Bay Bombardier Transportation Plant. A inisher inspects the exterior of a Go Train that is being assembled at the Thunder Bay Bombardier Transportation Plant.

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Related Topix: Aerospace-Defense, Canada, Pension, Personal Finance

Fort Francis Times

Workers at Bombardier plant in Thunder Bay, Ont., ratify new contract

Striking workers at the Bombardier Inc. light rail plant in Thunder Bay, Ont., have ratified a new contract agreement with the company. Details of the agreement voted on by some 900 members of Unifor Local 1075 were not immediately available.

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Related Topix: Aerospace-Defense, Canada,

Reuters

UPDATE 1-Strong demand helps Ski-Doo maker BRP shrink its losses

BRP Inc's net loss halved in the second quarter as the company sold more of its flagship Ski-Doo snowmobiles and Sea-Doo watercrafts. The Quebec-based company said strong demand for products such as the Sea-Doo Spark watercraft, Can-Am Spyder motorcycles and side-by-side off-roaders drove up seasonal product sales by 85 percent to C$259.8 million in the quarter ended July 31. BRP expects continued revenue growth and a strong finish to the fourth quarter, driven by snowmobile sales and new product deliveries, Chief Executive JosA© Boisjoli said.

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Related Topix: Motorcycles, Can-Am Spyder, Can-Am Motorcycle, Aerospace-Defense

Thu Sep 11, 2014

Wall Street Journal

Bombardier Workers at Ontario Plant in Deal...

Unionized workers at a Bombardier Inc. manufacturing plant in northern Ontario have reached a new labor deal, the union representing the workers said Thursday, ending a nearly two-months-long strike that followed a collapse in contract talks. The Montreal-based transportation-equipment giant makes subway cars and streetcars at the Thunder Bay, Ontario facility.

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Related Topix: Aerospace-Defense, Opinion

Wed Sep 10, 2014

CBS Local

CTA To Rehab 'L' Cars Used On Orange, Brown Lines

The CTA's board Wednesday set the stage to rebuild the 'L' cars used on the Orange and Brown lines, even though it expects to junk them in less than 10 years. The 3200-series 'L' cars were built in 1992-93.

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Related Topix: Aerospace-Defense

UTV

400 jobs to go at Bombardier

In July, Bombardier Inc announced an organisational restructure, which would see the workforce lose about 1,800 positions across their global aerospace operations. On Wednesday, a statement from the firm said: "We have reviewed our requirements in Belfast, with the aim of reducing costs whilst ensuring we maintain productivity and competitiveness.

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Related Topix: Aerospace-Defense, Travel, United Kingdom Travel, Europe Travel, Belfast, United Kingdom Travel, Northern Ireland, Ireland Travel, Ireland Travel

Tue Sep 09, 2014

The Montreal Gazette

Bombardier's Russian venture on hold

Deteriorating relations between Canada and Russia over the Ukrainian crisis will delay for at least a year a tentative joint venture Bombardier Inc. signed last year with Russian firm Rostec to build aircraft jointly there, Russian business daily Vedomosti reported Tuesday. The likely postponement places in serious jeopardy a US$3.4 billion deal, signed with Rostekhnologii on August 28, 2013, for up to 100 Bombardier Q400 turboprop aircraft.

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Related Topix: World News, Russia, Asia, Aerospace-Defense, Vladimir Putin

Canada.com

CSeries will 'add no value' to Bombardier: Scotiabank

Approximately 75% of the market for narrow-body planes over the next decade has already been filled by Bombardier Inc. competitors like Boeing Co. and Airbus Group.

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Related Topix: Aerospace-Defense

Mon Sep 08, 2014

AmericanBankingNews.com

Bombardier Earns Sector Perform Rating from Scotiabank

's stock had its "sector perform" rating reiterated by analysts at Scotiabank in a research report issued to clients and investors on Monday. BBD.B has been the subject of a number of other recent research reports.

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Related Topix: Aerospace-Defense, Apparel, Raymond Ltd

Bloomberg

Canadian Stocks Fall a Third Day as Energy Shares Drop With Oil

Canadian stocks fell, with the benchmark index at the lowest level in more than two weeks, as crude producers dropped with Brent slumping below $100 a barrel for the first time since June 2013 on weaker China trade data. Bankers Petroleum Ltd. and Athabasca Oil Corp. retreated more than 1.5 percent to pace declines among oil producers.

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Related Topix: Financial Markets, Banking, Financial Services, Banknorth Group, Aerospace-Defense, Canada,

Sun Sep 07, 2014

Reuters

Bombardier resumes test flights for CSeries jet

Bombardier Inc resumed test flights for its much-delayed CSeries jet on Sunday, the first such flight after tests were halted in May following an on-ground engine failure. The plane and train maker said it had taken "appropriate measures to address the issue" along with Pratt & Whitney which makes the engine for the narrow-body plane.

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Related Topix: Aerospace-Defense, Canada

Fri Sep 05, 2014

Brandon Sun

Most actively traded companies on the TSX

Bombardier Inc. . Transportation. Down two cents, or 0.55 per cent, to $3.63 on 6.4 million shares.

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Related Topix: Aerospace-Defense, Manulife Financial, Insurance, Harvest

Bloomberg

Bombardier to Resume CSeries Flight Tests This Month

Bombardier Inc. 's CSeries will resume flight tests this month as the company races against the clock to begin deliveries of the troubled jetliner in the second half of next year. Flight trials will restart with the second of the four planes in the test fleet, Bombardier said today in an e-mail.

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Related Topix: Aerospace-Defense

Reuters

UPDATE 1-Bombardier says CSeries to resume test flights this month

Bombardier Inc's grounded CSeries jet will resume flying this month, the Canadian train and plane maker said on Friday, adding that it was still confident the new plane would enter commercial service in the second half of 2015. Flight tests for the much-delayed multi-billion dollar CSeries program stalled through the summer following an engine failure in late May that occurred during stationary maintenance testing.

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Related Topix: Aerospace-Defense

Thu Sep 04, 2014

The Washington Post

Bombardier Carves Out Plane-Development Unit in Wider Revamp

Bombardier Inc., struggling with delays on its largest-ever jetliner, widened a six-week-old reorganization by carving out a unit to ensure that new planes are introduced on time. The engineering and product development business, initially part of another division created in late July, will include functions such as flight testing and "core engineering," a spokeswoman, Isabelle Gauthier, said today.

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Related Topix: Civil Aircraft, Bombardier Learjet 85, Bombardier Aircraft, Aircraft, Aerospace-Defense, Business News

Wed Sep 03, 2014

Canada.com

Further delays to Bombardier Inc's CSeries 'inevitable': Goldman Sachs

Goldman Sachs analyst Noah Poponak said Bombardier's CSeries aircraft has completed just 330 hours of flight testing since its first flight, out of a planned 2,400 total hours Three months after Bombardier Inc. grounded its CSeries test planes, Goldman Sachs added its voice to the growing chorus that says further delays are "inevitable" and ... (more)

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Related Topix: Aerospace-Defense, Goldman Sachs, Financial Services, Investment Services

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