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    News and Articles on Bombardier Inc.



    Canadian companies increase climate change activities in anticipation of future policies  Oct 8, 2009
    Group of consistent Canadian leaders emerge (Canada Newswire)

    Alpha Primary Market in Canadian most actively traded Security  Sep 23, 2009
    Alpha also ended the day close to being primary market in a number of other securities including: Lundin Mining Corp., OPTI Canada Inc. and Bombardier Inc. Moreover, in most of above mentioned securities Alpha traded the largest volume at the opening. Jos Schmitt, CEO of Alpha Group, noted "This is another milestone in our journey. It demonstrates the keen interest of the dealer community to further leverage the benefits of trading on Alpha from a liquidity and cost perspective. Of particular... (PR Newswire)

    Airbus Single-Aisle Model Delay Risks Opening Flank to Chinese, Canadians  Sep 19, 2009
    AGs fleet manager, , said hes very happy with his March order for as many as 30 Bombardier Inc. CSeries jets that seat up to 130 passengers for its Swiss International unit. Any next-generation Boeing or Airbus narrow-body aircraft that the German carrier, Europes second-largest, orders would need to bring at least 20 percent efficiency gain, Buchholz said. (Bloomberg -- Canada)

    AMR gets $2.9 billion in financing  Sep 18, 2009
    American Eagle also announced plans to add a first class cabin to its fleet of 25 Bombardier CRJ700 regional jets and it signed a letter of intent with Bombardier Inc. for options to purchase 22 additional CRJ700 aircraft for delivery beginning in mid-2010. The new CRJ700 aircraft will be fully financed. (MSNBC -- Business)

    American Airlines parent gets $2.9B, shifts routes  Sep 18, 2009
    American Eagle also announced plans to add a first class cabin to its fleet of 25 Bombardier CRJ700 regional jets and it signed a letter of intent with Bombardier Inc. for options to purchase 22 additional CRJ700 aircraft for deliverybeginning in mid-2010. The new CRJ700 aircraft will be fully financed. (Atlanta Journal-Constitution -- Travel)

    Bank of Canada Keeps Rate at 0.25%, Says Dollar Risk to Economic Growth  Sep 11, 2009
    Companies such as Bombardier Inc. are cutting spending because they havent seen the effects of economic recovery. We have to operate our business prudently, make sure that we cut back on our costs in the recession, , chief executive officer of Bombardier, said on a Sept. 2 earnings call. (Bloomberg -- Canada)

    Sinopec, Shenhua Energy to Send Executives to Canadian Investment Forum  Aug 25, 2009
    The Canada China Business Council, whose members include , Research In Motion Ltd., Bombardier Inc., helps companies invest in China and lobbies both governments on behalf of its members. China and Canada agreed in 2005 to jointly develop uranium mines and oil reserves to expand trade between the two countries. (Bloomberg -- Canada)

    * Neihu-Muzha Line shuts for five-hour inspections  Aug 15, 2009
    Tan said the decision to shut the line was made in accordance with a first-phase system improvement plan presented by system builder Bombardier Inc.. The company asked for a longer period of time to inspect the system and solve its problems, which include an overly sensitive safety system that has caused frequent false alarms and malfunctions. (Taipei Times, Taiwan -- World Business)

    Flaherty in China Sets Stage for Increased Investment, Visit by Harper  Aug 14, 2009
    Sun Life Chief Executive Officer , who accompanied Flaherty on the trip, said July 29th that the company will more than double its capital to C$500 million in its partnership with the China Everbright Group Ltd. Bombardier Inc. has been a supplier of rolling stock for the Shanghai subway, which is expanding. Flaherty was also accompanied on the trip by Bank of Canada Governor and Canadas top financial sector regulator. (Bloomberg -- Canada)

    Chinese jet maker ends global search, hires locals  Aug 6, 2009
    Another subsidiary is trying to develop a mid-range jet to compete with Canada's Bombardier Inc. and Brazil's Embraer SA. A third subsidiary is building China's first helicopter factory and says it should produce its first aircraft this year. . (Anchorage Daily News)

    Fatigue, sleep disorder led pilots to doze during flight  Aug 5, 2009
    The controller continued to try to contact the flight crew more than once but received no reply even after the Bombardier Inc. CL-600 flew past Hilo at 9:55 a.m., it said ... The controller continued to try to contact the flight crew more than once but received no reply even after the Bombardier Inc. CL-600 flew past Hilo at 9:55 a.m., it said. (Honolulu Star-Bulletin)

    NTSB says fatigue caused go! mishap  Aug 4, 2009
    The two pilots fell asleep while flying a Bombardier Inc. CL-600 from Honolulu to Hilo, Hawaii ... The two pilots fell asleep while flying a Bombardier Inc. CL-600 from Honolulu to Hilo, Hawaii. (Honolulu Star-Bulletin)

    Fatigue caused go! pilots to fall asleep during flight, NTSB says  Aug 4, 2009
    The two pilots fell asleep while flying a Bombardier Inc. CL-600 from Honolulu to Hilo. The plane went 30 miles past its destination before reversing course and landing safely with 43 passengers and crew. (Honolulu Advertiser)

    Pilot walks away from cropduster crash  Jul 29, 2009
    Suellen (sue ellen) Lemmon of Washington state sued Bombardier Inc., Learjet Inc., Goodyear Tire r Co. and others Friday in Los Angeles Superior Court ... Suellen Lemmon of Washington state sued Bombardier Inc., Learjet Inc., Goodyear Tire r Co. and others Friday in Los Angeles Superior Court. (Fresno Bee -- Local)

    * Ma, Hau tensions in the spotlight  Jul 18, 2009
    The Democratic Progressive Party (DPP) and some critics have said Ma made several bad decisions when commissioning the line, including making it only medium capacity and switching contractors from French company Matra to Bombardier Inc. Matra was responsible for the Muzha Line which connects to the Neihu Line. The story in the weekly said the Ma administration was not satisfied with the Hau administration because it had failed to defend Mas municipal policies when problems cropped up with the... (Taipei Times, Taiwan -- World Business)

    * Control Yuan may consult Ma  Jul 17, 2009
    Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- Business)

    Flexjet Named 'Best of the Best' in Flight Services by Robb Report  Jul 2, 2009
    A world-leading manufacturer of innovative transportation solutions, from regional aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada ... Bombardier, Flexjet, Flexjet 25, Skyjet, Learjet 40 XR, Learjet 45 XR, Learjet 60 XR, Challenger 300, and Challenger 604 and Challenger 605 are either registered or unregistered trademarks of Bombardier Inc. or its subsidiaries or Jet Solutions, LLC.. (PR Newswire)

    CA-CANADA Summary  Jun 27, 2009
    Search Type Choose a search type from the items below. Fri Jun 26, 6:10 pm ET. (Yahoo News -- Politics)

    Full Story »  Jun 27, 2009
    CA-CANADA Summary - Yahoo. Search Type Choose a search type from the items below. (Yahoo News -- Politics)

    Airbus, Boeing Battle `Raging Skepticism' Over Sustaining Production Plans  Jun 20, 2009
    After all, he said, theyve been burned by big, sudden cutbacks in the past eight months at regional-jet builders such as Embraer and Bombardier Inc., and business-jet makers Cessna and Gulfstream. Many also make parts for the automotive industry, where sales tumbled 18 percent last year and 37 percent this year through May. (Bloomberg -- Germany)

    Spirit AeroSystems Selected to Design and Manufacture Pylon for Bombardier CSeries Aircraft  Jun 16, 2009
    CSeries is a trademark of Bombardier Inc. or of its subsidiaries ... About Bombardier A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. (Canada Newswire)

    Debris Field Confirms Plane Crashed in Ocean, Brazil Defense Minister Says  Jun 3, 2009
    On Feb. 12, a Bombardier Inc. Dash 8 Q400 turboprop crashed in Clarence Center, New York, as it approached Buffalos airport on a flight from Newark, New Jersey. The dead included one person on the ground and all 49 people on the plane, operated by Pinnacles Colgan unit for Continental Airlines Inc.. (Bloomberg -- Canada)

    Bombardier reports dip in 1Q profits, revenue  Jun 3, 2009
    TORONTO Bombardier Inc. says general economic weakness and order cancellations in its aerospace division have led to a decline in both profits and revenues during the first quarter of fiscal 2010. The Montreal-based plane and train maker announced Wednesday it earned $158 million, or nine cents per share, during the quarter ended April 30, down from profits of $229 million, or 12 cents per share, a year earlier. (Atlanta Journal-Constitution -- Business)

    Toronto gets nearly $1-billion for light rail  May 17, 2009
    2-billion contract to replace the current fleet to Montreal-based Bombardier Inc. last month. The new vehicles for the Sheppard project are an option in that proposed contract, an offer which expires June 27. (Globe and Mail -- National)

    Sentry Select Capital Inc. Announces Exchange Ratios for Sentry Select Canadian Income Exchange Fund  May 16, 2009
    3011 ---------------------------------------------------------------------------- Bombardier Inc. BBD.B 3. 8601 0. (CCNMatthews Press Releases)

    Former integrity commissioner will monitor fraud case of OPP officer  May 16, 2009
    A Toronto OPP court case manager with 28 years of service, Sgt. Rutigliano is accused of using his Mississauga aircraft-repair company, Aero-One Technical Solutions, to defraud Bombardier Inc., the giant Quebec-based aircraft-manufacturing conglomerate, of more than $15-million. After an investigation stretching back more than two years, it's alleged he and a female business associate conspired with two former Bombardier employees to defraud the company through fraudulent activity and secret... (Globe and Mail -- National)

    Officer and three others charged trying to defraud Bombardier  May 14, 2009
    TORONTO An Ontario Provincial Police officer and three others are charged with trying to defraud Bombardier Inc. of $15 million. Sgt. Michael Leonard Rutigliano, a 28-year veteran of the force, and his co-accused including two former Bombardier workers allegedly conspired to defraud the company through fraudulent activity and secret commissions. (Globe and Mail -- Business)

    Deans Knight Income Corporation Announces First Quarter 2009 Operating Update-Unaudited  May 13, 2009
    125% October 1, 2035 3,828,000(i) Bombardier Inc. 8% November 15, 2014 3,500,000(i) Cott Beverages USA 8% December 15, 2011 3,000,000(ii) Provident Energy Trust 6. 5% April 30, 2011 4,250,000 Remaining Holdings Yield to Total Cost(ii) Market Value(ii) Maturity --------------------------------------------- 6,107,626 6,229,705 12. (CCNMatthews Press Releases)

    Bombardier confirms $1.1-billion Paris deal  May 12, 2009
    MONTREAL Bombardier Inc. has confirmed a contract that will see it supply 60 MI09 train sets for the greater Paris suburb. The deal, originally announced in April, sees a consortium of Bombardier and French manufacturer Alstom SA producing the trains in a contract worth a total of $1. (Globe and Mail -- Business)

    Caisse boss defends Quebec roots  May 6, 2009
    He noted that the Caisse held relatively few shares of Bombardier Inc. and SNC-Lavalin Inc., and no shares of National Bank of Canada a situation that would leave the Caisse powerless to keep those companies in Quebec hands if they become the objects of takeovers. The Caisse remained on the sideline during the 2007 takeover of aluminum icon Alcan Inc., and its consortium withdrew early from the bidding for BCE.. (Globe and Mail -- National)

    Robert Brown: A flight plan for innovation  May 5, 2009
    Mr. Brown, 64, an aerospace veteran and former boss of Bombardier Inc., also has some views on creating innovative companies - he recently headed an expert panel that reported that Canada's productivity is being undermined by tepid innovation. Why are you so well-prepared for this downturn. (Globe and Mail -- Business)

    Embraer Posts First Loss on Decline in Shipments, Expenses From Job Cuts  Apr 30, 2009
    is the biggest planemaker in the Americas, followed by Canadas Bombardier Inc.. To contact the reporter on this story: Heloiza Canassa in Sao Paulo at. (Bloomberg -- Latin America)

    Porter Airlines Plans to Double Bombardier Fleet as It Adds Destinations  Apr 28, 2009
    April 27 (Bloomberg) -- Porter Airlines Inc., the two-year- old Canadian carrier, plans to double its fleet of Bombardier Inc. airplanes as it adds more destinations that may include Boston or Washington. Porter will increase its fleet to 18 Bombardier Q400 planes this year, Chief Executive Officer said in an interview today. (Bloomberg -- Canada)

    Bombardier wins massive Toronto streetcar contract  Apr 28, 2009
    TORONTO TTC officials have chosen Montreal-based Bombardier Inc. to build Toronto's next generation of streetcars a record contract worth $1. 22-billion but major questions remain about who will pay for the new vehicles and how much of the work on them will take place in Canada. (Globe and Mail -- National)

    Monty speaks out on his BCE record  Apr 20, 2009
    Title: Corporate director; boards include Bombardier Inc. and Alcatel-Lucent, Montreal. Born: June 26, 1947, in Montreal. (Globe and Mail -- Business)

    fluent in Chinese?  Apr 14, 2009
    "It's absolutely amazing what's going on here. The opportunities are great," he told CTV, noting that Canadian firms are working to take part in massive construction projects under way in China while Montreal's Bombardier Inc. is building commuter trains. Mr. Day was asked yesterday whether his focus on trade contradicts Prime Minister Stephen Harper's 2006 statement that he would not sacrifice human rights concerns in China for the sake of the "almighty dollar.". (Globe and Mail)

    Bombardier to cut 3,000 jobs  Apr 3, 2009
    MONTREAL Bombardier Inc. is slashing 10 per cent of its aerospace work force, or about 3,000 jobs, because the demand for its business aircraft has deteriorated rapidly and is expected to remain weak for the foreseeable future. Demand for business jets has deteriorated rapidly in the second half of last year, Montreal-based Bombardier said in a press release. (Globe and Mail -- Business)

    RIM reports on fourth quarter, Thursday  Mar 28, 2009
    Bombardier Inc. reports. Fourth-quarter share profit of 14 cents (U.S.) is expected, up from 12 cents the previous year. (Globe and Mail -- Business)

    Reducing costs a good lesson for ex-principal  Mar 21, 2009
    Portfolio: Extensive holdings include shares in Bank of Montreal, Bank of Nova Scotia, Suncor Energy Inc., TransAlta Corp., TransCanada Corp., Bombardier Inc., BCE Inc., and units in Enerplus Resources Fund, RioCan Real Estate Investment Trust and Paramount Energy Trust. Wayne Morris. (Globe and Mail -- Business)

    TSX rallies for fifth day as Wall Street's optimism fades  Mar 17, 2009
    01 and Bombardier Inc. ahead 16 cents to $2. 94. (Globe and Mail -- Business)

    Plane lands safely after hitting birds during takeoff  Mar 14, 2009
    ASA spokeswoman Allison Baker says the 50-seat CRJ-100, build by Canada's Bombardier Inc., hit what officials believe were two birds, but their species has not been determined. Passenger Sarah Burch said she could see damage on the plane's nose and right wing after leaving the plane. (Globe and Mail -- International)

    Markets extend rally  Mar 13, 2009
    Industrials were also supportive as Bombardier Inc. gained eight cents to $2. 79 and Canadian National Railways advanced $1. (Globe and Mail -- Business)

    Wall Street, TSX extend rally  Mar 12, 2009
    Bombardier Inc. climbed 12 cents to $2. 71 after it finalized a sale of 30 new CS100 jets for $1. (Globe and Mail)

    Wall Street surges in best day of 2009  Mar 11, 2009
    26 while Bombardier Inc. gained 25 cents to $2. 59. (Globe and Mail)

    Bombardier finalizes $1.5-billion contract  Mar 11, 2009
    TORONTO Bombardier Inc. said Wednesday it had finalized an agreement to build 30 CSeries jets at a price of $1. 5-billion (U.S.) for Germany's Deutsch Lufthansa AG.. (Globe and Mail -- Business)

    New face, same view at SNC  Mar 9, 2009
    Such is the corporate culture at SNC-Lavalin, which has emerged under Mr. Lamarre as Quebec's flagship global success story, arguably surpassing Bombardier Inc. in its ability to inspire pride and extend its (nearly) unblemished record of achievement. Extending the search to outside candidates would, in Mr. Lamarre's eyes, have been an avowal of failure. (Globe and Mail -- Business)

    Stocks close at 10-year lows  Feb 24, 2009
    07 while Bombardier Inc. lost 17 cents to $2. 63. (Globe and Mail -- Business)

    Canada loses record 129000 jobs  Feb 23, 2009
    A day later, Montreal-based Bombardier Inc. said it was eliminating 1,360 jobs, or about 4. 5 per cent of its worldwide workforce, because of slowing demand for its business jet models. (Canada.com)

    * Embraer slashes planemaking work force by 20%  Feb 21, 2009
    The company is the worlds fourth-largest plane maker after US-based Boeing Co, Europes Airbus and Canadas Bombardier Inc.. Most of its workers are employed in Brazil. (Taipei Times, Taiwan -- Sports)

    Embraer layoffs won't be local  Feb 20, 2009
    The company is the world's fourth-largest plane maker after U.S.-based Boeing Co., Europe's Airbus and Canada's Bombardier Inc. Most of its workers are employed in Brazil. In the United States, its main market, Embraer is headquartered in Fort Lauderdale. (Florida Today)

    Embraer Slashes Work Force 20 Pct Amid Crisis  Feb 20, 2009
    The company is the world's fourth-largest plane maker after U.S.-based Boeing Co., Europe's Airbus and Canada's Bombardier Inc. Most of its workers are employed in Brazil. Embraer also said it was revising downward its revenue guidance for 2009 to $5. (ABC News -- Wire)

    Stocks slip ahead of US stimulus vote  Feb 15, 2009
    Bombardier Inc. shares fell seven per cent after the company confirmed that one of its Q400 turboprop planes operated by Colgan Air, crashed in a suburb of Buffalo, N.J. last night, killing 50 people. Research in Motion Ltd. dropped another four per cent after Credit Suisse downgraded the BlackBerry maker to underperform from neutral on concern about future smart-phone growth. (Canada.com)

    CAE wins $329.5-million federal contract  Feb 14, 2009
    Work will be subcontracted to partner companies Atlantis Systems Corp., Bombardier Inc., Cascade Aerospace Inc. and Xwave. (). (Globe and Mail -- Business)

    Plane crashes into home near Buffalo, killing 50  Feb 14, 2009
    By Gary Wiepert Gary Wiepert. Fri Feb 13, 5:36 pm ET. (Yahoo News -- Top Stories)

    Plane crashes in New York state killing 49 - officials  Feb 13, 2009
    The plane is a turboprop regional aircraft that can carry more than 70 people, and is made by Bombardier Inc. Colgan Air is a subsidiary of Pinnacle Airlines Corp.. Colgan Air said the plane, Continental Airlines Flight 3407, crashed at about 10:20 p.m. (0320 GMT Friday). (The Star Online, Malaysia)

    Pratt & Whitney Canada to cut 1,000 jobs  Feb 12, 2009
    For example, he said, just a few days ago Bombardier Inc. announced it would increase production levels of its regional Q-400 aircraft which are powered by Pratt & Whitney engines. But in other areas, large aircraft manufacturers around the world have been reducing their production levels and laying off staff. (Globe and Mail -- Business)

    As executives abandon jets, Bombardier suffers  Feb 7, 2009
    Yesterday, there were global repercussions for Bombardier Inc. , which is slashing 1,360 jobs amid tumbling demand for private jets. The job cuts are related to Bombardier's Learjet and Challenger jet programs, and will affect workers in Montreal, Wichita, Kan. (Globe and Mail)

    Budget watchdog questions stimulus estimates  Feb 7, 2009
    But mounting job losses this week from Bombardier Inc. to Hudson's Bay Co. and projections of 325,000 in total jobs lost this year have his promise taking on added meaning ... Mr. McCallum cited as worrying 1,360 job cuts announced by Bombardier Inc., 1,000 staff reductions planned by Hudson's Bay Co. and a new report from Toronto-Dominion Bank forecasting that 325,000 jobs will disappear this year. (Globe and Mail)


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