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All amounts in this press release are in U.S. dollars unless otherwise indicated. MONTREAL, Oct. 30, 2020 (GLOBE NEWSWIRE) -- The closing of the previously announced aerostructure business transaction between Bombardier Inc. (TSX: BBD.B) and Spirit AeroSystems Holding, Inc. (NYSE ...
Spirit AeroSystems (NYSE: SPR) has reworked its deal to buy the aerostructures business of Bombardier (OTC: BDRAF) (OTC: BDRBF) , finding a way to get the deal done despite significant COVID-19 headwinds. The agreement allows Spirit to salvage at least part of its gr...
MONTRÉAL, Oct. 28, 2020 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) will publish its financial results for the third quarter ended September 30, 2020 on November 5, 2020. On November 5, 2020 at 8:00 a.m., EST, Éric Martel, President and Chief Executive Officer; John Di B...
Bombardier Aviation developed a new service centre at Essendon Fields Airport in Melbourne for building commitment to the Australian market and establishing the next key building block in its growing global customer support network.The new OEM-operated Melbourne Service Ce...
Melbourne Service Centre to boost Bombardier’s worldwide customer support footprint by approximately 5 0,000 square feet New facility will provide maintenance, repair and overhaul on all Bombardier business aircraft, a ...
Spirit AeroSystems (SPR) is amending its deal with Bombardier ([[BDRAF]], [[BDRBF]]) through which it is acquiring the outstanding equity of Short Brothers and Bombardier Aerospace North Africa SAS and other assets.Net proceeds purchase price payable to Bombardier will be reduced from $500M-$...
All closing conditions have been met and the parties have agreed on an October 30, 2020 closing date Total t ransaction value d at ~ $1.2 billion 1 ; c ash proceeds now expected to be $275 million Sale supports Bo...
A l ong-time Safety Standdown supporter , Cort é s has demonstrated exceptional safety leadership throughout aviation career that spans more than 3 0 year s Influential award recognizes exceptional efforts to improve aviation ...
Stadler Rail is largely unknown by the global investment community due to its recent listing. Yet, it is a leading global producer of rail vehicles, with a solid market share in its home European market. We aim to introduce readers to Stadler Rail in this article. For furthe...
Bombardier ([[BDRAF]], [[BDRBF]]) has signed a three-year extension to its Train Services Agreement with Arriva CrossCountry, with the option of a further extension of up to one year.Under the new agreement, which lasts from today until October 14, 2023, Bombardier will continue to maintain, ...
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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...