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Spirit AeroSystems (NYSE: SPR) , a onetime Boeing (NYSE: BA) subsidiary and still a major supplier to the aerospace giant, was expected to be among the companies most affected by the grounding of 737 MAX and Boeing's many other issues . And sure enough Spirit reported third-quarter resul...
Bombardier ( OTCQX:BDRAF , OTCQX:BDRBF ) reports a 41% decline in quarterly core profit to $158M in Q3, weighed down by higher costs as it spent more on upping production of its flagship Global 7500 business jets. More news on: Bombardier Inc., Bombardier Inc., Earnings news and comment...
Bombardier ( OTCQX:BDRAF , OTCQX:BDRBF ) has agreed to sell a wing factory in Northern Ireland and two other facilities to Spirit AeroSystems (NYSE: SPR ) for $500M and the assumption of certain liabilities. More news on: Bombardier Inc., Bombardier Inc., Spirit AeroSystems Holdings, In...
Gulfstream Aerospace, a unit of General Dynamics (NYSE: GD ), said the new plane would be powered by Rolls-Royce ( OTCPK:RYCEY ) Pearl 700 engines and anticipates customer deliveries in 2022. More news on: General Dynamics Corporation, Rolls-Royce Holdings plc, Bombardier Inc., Read mo...
Spirit AeroSystems (NYSE: SPR ) has emerged as the front-runner to acquire Bombardier's ( OTCQX:BDRAF , OTCQX:BDRBF ) aerospace plants in Belfast and Morocco, Reuters reports. More news on: Spirit AeroSystems Holdings, Inc., Bombardier Inc., Bombardier Inc., Read more ...
Bombardier Transportation ( OTCQX:BDRAF , OTCQX:BDRBF ) has signed a new Train Services Agreement with Abellio and Eversholt Rail for the new East Midlands Railway franchise in the U.K. More news on: Bombardier Inc., Bombardier Inc. Read more ...
Bombardier ( OTCQX:BDRAF , OTCQX:BDRBF ) posted a net loss of $36M, or $0.04 per share, in the second quarter ended June 30, compared with a profit of $70M, or $0.02 per share, a year earlier. More news on: Bombardier Inc., Bombardier Inc., Read more ...
Bombardier ( OTCQX:BDRAF , OTCQX:BDRBF ) will sell its regional jet program to Mitsubishi Heavy Industries ( OTCPK:MHVYF ) for $550M in cash, ending its involvement in the commercial aviation sector after Airbus scooped up its C Series last year. More news on: Bombardier Inc., Bombardie...
Bombardier Transportation ( OTCQX:BDRAF -2.2% ), ( OTCQX:BDRBF -3.1% ) has received a €67M order to supply 30 additional FLEXITY trams to the Brussels Intercommunal Transportation Company in Belgium. More news on: Bombardier Inc., Bombardier Inc., Read more ...
A takeover by Mitsubishi Heavy Industries ( OTCPK:MHVYF ) of Bombardier's (( OTCQX:BDRAF ), ( OTCQX:BDRBF -1.8% )) CRJ regional jet program would "make sense," according to Steve Haro, VP of global marketing and strategy at Mitubishi Aircraft. More news on: Bombardier Inc., Bombardier In...
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Second quarter 2024 aircraft deliveries reached 39 units and total revenues climbed to $2.2 billion, with Services contributing $507 million, reflecting year-over-year growth of 34%, 32% and 18%, respectively. Adjusted EBITDA (1) of $335 million for the second quarter was up 22% year...
New line maintenance station provides quick and efficient light scheduled and unscheduled maintenance, as well as Aircraft on Ground (AOG) support On-site technicians offer OEM support to all Learjet , Challenger and Global aircraft New addition complements the wide array of...
MONTRÉAL, July 18, 2024 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will publish its financial results for the second quarter of 2024 on July 25, 2024. Financial results for the second quarter 2024 Éric Martel, President and Chief Executive Officer, Bombardier, and Bart De...