Bombardier Global 7000

Bombardier Global 7000 Newswire

Comprehensive Real-Time News Feed for Bombardier Global 7000.

Results 1 - 20 of 74 in Bombardier Global 7000

  1. Bombardier Possible Rail Sale Seen at Up to $5.4 BillionRead the original story

    Friday Apr 10 | The Washington Post

    Bombardier is discussing options with bankers about its rail business that could include a full or partial sale of the business or an initial public offering, Reuters reported, citing people familiar with the matter whom it didn't identify. The shares rose 1.5 percent to C$2.64 at the close in Toronto.

    Comment?

  2. Bombardier Possible Rail Sale Seen at Up to $5.4 BillionRead the original story

    Friday Apr 10 | The Washington Post

    Bombardier is discussing options with bankers about its rail business that could include a full or partial sale of the business or an initial public offering, Reuters reported, citing people familiar with the matter whom it didn't identify. The shares rose 4.2 percent to C$2.71 at 12:39 p.m. in Toronto.

    Comment?

  3. GE Aviation's Bombardier engine project means stability for Cowley County workersRead the original story w/Photo

    Mar 9, 2015 | Business Journal

    GE Aviation on Monday announced that its plant at Strother Field in Cowley County has been selected to build the Passport engine for the Bombardier Global 7000 and Global 8000 business jets.

    Comment?

  4. Fitch Rates Bombardier's Planned Debt 'B+'/'RR4'; Rating Outlook NegativeRead the original story

    Feb 27, 2015 | Business Wire

    The Rating Outlook is Negative. A full list of BBD's ratings follows at the end of this release.

    Comment?

  5. Quebec prepared to bail out Bombardier, minister saysRead the original story w/Photo

    Feb 18, 2015 | The Globe and Mail

    Quebec's economy minister said the province stands ready to provide financial assistance to Montreal plane and train maker Bombardier Inc. if its balance sheet deteriorates. "We have money available to finance Bombardier customers.

    Comment?

  6. Fitch Downgrades Bombardier's IDR to 'B+'; Outlook NegativeRead the original story

    Feb 18, 2015 | Business Wire

    Fitch has also downgraded BBD's long-term debt and bank facility ratings to 'B+'/'RR4' from 'BB-'/'RR4'. The Rating Outlook is Negative.

    Comment?

  7. Bellemare replaces Beaudoin as Bombardier CEORead the original story

    Feb 3, 2015 | Air Transport World

    Bombardier has unveiled plans to raise new financing as Pierre Beaudoin steps down to be replaced as president and chief executive officer by outsider Alaine Bellemare, until recently head of United Technologies' Propulsion & Aerospace business. The moves are intended to reassure investors increasingly concerned Bombardier will run out of cash as it funds development of the delayed CSeries narrowbody airliner and upcoming Global 7000/8000 large business jets while sales of its regional airliners remain under pressure.

    Comment?

  8. Bombardier Announces Financial Results for the Fourth Quarter and the Year Ended December 31, 2014Read the original story

    Feb 12, 2015 | Sys-Con Media

    Revenues totalled $6.0 billion for the quarter, compared to $5.3 billion for the same period last fiscal year, which represents an increase of 14.6% excluding currency impacts. For the year, revenues totalled $20.1 billion, an increase of 10.8% excluding currency impacts, compared to $18.2 billion last year.

    Comment?

  9. Bombardier Q4 business jet sales top Gulfstream; still lags on full-year salesRead the original story

    Feb 11, 2015 | Canadian Business Magazine

    Bombardier regained its crown as the world's largest business jet manufacturer in the fourth quarter, but continued to lag U.S. rival Gulfstream for 2014 as a whole. For the first time in seven quarters, Montreal-based Bombardier was No.

    Comment?

  10. Troubled skies: Bombardier flies a risky flight pathRead the original story w/Photo

    Feb 6, 2015 | The Globe and Mail

    The cockpit in the engineering flight simulator for the C Series CS100 airplane at Bombardier's plant in Mirabel, Que. The cockpit in the engineering flight simulator for the C Series CS100 airplane at Bombardier's plant in Mirabel, Que. 1 comment

  11. Some investors say lose confidence in BombardierRead the original story w/Photo

    Feb 3, 2015 | The Wichita Eagle

    Pierre Beaudoin often cites "flawless execution" as a pillar of Bombardier Inc.'s strategy. Investors say the chief executive officer isn't delivering.

    Comment?

  12. Bombardier Losing Investors After Jet Delays: Corporate CanadaRead the original story

    Feb 3, 2015 | The Washington Post

    In 6 1/2 years on the job, Beaudoin has presided over delays in two jet programs; the exit of two senior aerospace sales executives in just over a year; missed profit targets and the worst stock performance among Canadian industrial companies. "I've given up hope," said Luc Fournier, fund manager at Industrial Alliance Insurance & Financial Services Inc. in Quebec City, who oversees about C$600 million and says he sold the last of his Bombardier shares last month.

    Comment?

  13. Bombardier strikes deal to sell training operations at Moose Jaw, Cold LakeRead the original story w/Photo

    Jan 27, 2015 | Regina Leader Post

    The company that manages military air training operations at Moose Jaw and Cold Lake has struck a deal to sell its business to another Canadian corporation. Transportation giant Bombardier Inc. wants to sell the contract to manage NATO Flying Training in Canada to CAE Inc., specialist in simulators and training, for just under $20 million.

    Comment?

  14. Bombardier selling military training unit to CAE, including NATO pilot schoolRead the original story w/Photo

    Jan 26, 2015 | SooToday

    Bombardier Inc. is preparing to sell its Military Aviation Training unit for C$19.8 million to CAE Inc. , a Montreal-based company that specializes in training equipment and services. Among other things, CAE will take over as prime contractor for the NATO Flying Training in Canada, or NFTC, a program that Bombardier has been operating out of Canadian Forces Base Moose Jaw in Saskatchewan and CFB Cold Lake in Alberta.

    Comment?

  15. Bombardier shares near six-year lowRead the original story w/Photo

    Jan 21, 2015 | The Chronicle Herald

    Bombardier president Pierre Beaudoin, left, shown with chairman Laurent Beaudoin in May 2013, said Wednesday that he understands the concerns of analysts and investors but insisted that the Montreal-based conglomerate is focused on the long term. - The head of embattled plane and train maker Bombardier says there is no need to panic despite the sharp drop in the company's share price since trimming its financial outlook and announcing 1,000 job cuts last week.

    Comment?

  16. Bombardier's Beaudoin takes long-term view in face of stock plungeRead the original story w/Photo

    Jan 21, 2015 | The Globe and Mail

    A worker cleans the tail of a Bombardier Learjet aircraft before the opening of the Annual European Business Aviation Convention & Exhibition at Cointrin airport in Geneva, in this file photo taken May 17, 2011. A worker cleans the tail of a Bombardier Learjet aircraft before the opening of the Annual European Business Aviation Convention & Exhibition at Cointrin airport in Geneva, in this file photo taken May 17, 2011.

    Comment?

  17. Bombardier CEO refuses to panic about turbulence at transportation giantRead the original story

    Jan 21, 2015 | Canadian Business Magazine

    The head of embattled transportation manufacturer Bombardier says he does not intend to panic in the face of a plummeting of the company's shares since last week when it reduced its financial forecasts and announced 1,000 job cuts. At the World Economic Forum in Davos, Switzerland, Pierre Beaudoin said he understands the concerns of analysts and investors but insisted that the Montreal-based aerospace and rail equipment maker is focused on the long-term, with revenues from new development programs including the CSeries commercial passenger jet about to begin rolling in.

    Comment?

  18. Bombardier CEO Says Plane Maker Has Cash to Develop JetsRead the original story

    Jan 21, 2015 | Bloomberg

    Bombardier Inc. said it has the financial resources to cover the costs to develop its Global 7000 and 8000 business aircraft and the CSeries jetliner. "These products will deliver revenue and cash flow as they enter into service," Chief Executive Officer Pierre Beaudoin said in an interview in Davos, Switzerland.

    Comment?

  19. Odds grow longer for Bombardier’s airliner ambitionsRead the original story w/Photo

    Jan 17, 2015 | Seattle Times

    If all had gone according to plan, Bombardier's direct challenge to the Boeing 737, the world's best-selling commercial plane, would be approaching its second year in service. Instead, Bombardier's grand plan for a new plane, the CSeries airliner, has faced myriad delays.

    Comment?

  20. Private jet in Tacloban mishap operated by SMC subsidiaryRead the original story w/Photo

    Jan 17, 2015 | ABS-CBN News

    MANILA The Civil Aviation Authority of the Philippines is investigating the skidding incident at the Tacloban airport involving a private jet carrying several government officials. CAAP said the Bombardier GL5T type aircraft, with a seating capacity of 19, swerved upon takeoff and rolled due to winds brought by Tropical Storm Amang.

    Comment?