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BDRAF News and Press, Bombardier Inc. - Class A From 02/11/21

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Company Name: Bombardier Inc. - Class A
Stock Symbol: BDRAF
Market: OTC
Website: bombardier.com

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BDRAF - Bombardier to End Learjet Production in Bid to Boost Profits

Canadian aerospace manufacturer Bombardier (OTC: BDRAF) (OTC: BDRBF) said Thursday it would discontinue its classic Learjet brand as part of its continuing effort to boost profitability. Bombardier is streamlining its business-jet operations and intends to focus on its Chall...

BDRAF - Bombardier, Inc. (BDRBF) CEO Eric Martel on Q4 2020 Results - Earnings Call Transcript

Bombardier, Inc. (BDRBF) Q4 2020 Earnings Conference Call February 11, 2021, 08:00 ET Company Participants Patrick Ghoche - VP, Corporate Strategy & Public Affairs & IR Eric Martel - President, CEO & Director Bart Demosky - EVP & CFO Conference Call Participants Benoit Poirier...

BDRAF - Bombardier to stop making Learjets, cut 1,600 jobs

Bombardier ([[BDRAF]], [[BDRBF]]) will stop making its iconic Learjet and cut 1,600 jobs as part of its plan to drive profitability and productivity.Learjet production will stop in Q4, which the company says will allow it to focus on its more lucrative Challenger and Global aircraft groups.Wi...

BDRAF - Air Canada Shrinks 30%

Air Canada will shrink by as much as 30%. Airline gets rid of older less efficient aircraft previously used as the backbone of low-cost carrier Air Canada Rouge. Cutting the fleet for a new future does make sense, but retirements and deliveries need to be timed well. For fur...

BDRAF - Alstom announces Euro2B capital raise to finance Bombardier deal

Alstom (ALSMY) has launched a capital increase of around €2B to finance the acquisition of Bombardier's ([[BDRAF]], [[BDRBF]]) rail unit, which it expects to close in the first quarter of next year.Back in September, Alstom lowered its offer for the business, revising terms of an agree...

BDRAF - Upbeat vaccine news lifts aviation and travel sector

Aerospace names are taking to the skies after Pfizer/BioNTech reported a 90% effective rate for its COVID-19 vaccine this morning.Commercial aviation has been battered by the coronavirus pandemic, but investors finally see a future where that may not be the reality.On the move: Airbus ([[EADS...

BDRAF - Bombardier faces U.K. bribery probe over plane sales

The U.K. Serious Fraud Office says it is investigating Canada's Bombardier ([[BDRAF]], [[BDRBF]]) over suspected bribery in airplane sales to Garuda Indonesia.Bombardier is the latest aerospace company to face scrutiny over the use of middlemen after authorities struck a record bribery settle...

BDRAF - Bombardier Inc.'s (BDRBF) CEO Eric Martel on Q3 2020 Results - Earnings Call Transcript

Bombardier Inc. (BDRBF) Q3 2020 Earnings Conference Call November 05, 2020, 08:00 AM ET Company Participants Patrick Ghoche - VP of Corporate Strategy and IR Eric Martel - President, CEO John Di Bert - CFO Conference Call Participants Myles Walton - UBS Ryall Stroud - RBC Capital Markets Seth...

BDRAF - Bombardier Q3 results hit by coronavirus disruptions

As it transitions to become a pure-play business aircraft company, Bombardier ([[BDRAF]], [[BDRBF]]) missed profit estimates in Q3, hurt by coronavirus-led disruptions at its aviation and transportation units.Adjusted EBITDA came in at $176M for the quarter, compared with $255M a year earlier...

BDRAF - Bombardier Inc. 2020 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Bombardier Inc. in conjunction with their 2020 Q3 earnings call. For further details see: Bombardier Inc. 2020 Q3 - Results - Earnings Call Presentation

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