Sentences with phrase «bombardier announced»
The case took another turn in October, when Bombardier announced that it would move production of the CSeries airliner to Alabama in a partnership with French jet maker Airbus.
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On an otherwise bleak day when Bombardier announced plans to cut 7,000 jobs worldwide over the next two years, the company also issued a rare, long - awaited piece of good news: Air Canada has signed a letter of intent to purchase up to 75 CSeries aircraft.
Not exact matches
When the United States Department of Commerce announced it would be imposing a 219 % tax on jets built by Canadian aerospace giant Bombardier on Tuesday night, the outcry was swift.
«We believe further negative news could be announced by Bombardier in the near - term (from) reduced margin guidance, (and a) possible miss on 2013 aircraft deliveries,» Doerksen said.
Bombardier (TSX: BBD.B) shares plunged 35 cents or 7.74 per cent to $ 4.17 after the company announced the delay concerning its new CSeries aircraft.
Bombardier (TSX: BBD.B) is scheduled to deliver 182 light rail vehicles to Metrolinx starting in 2018 under a $ 770 million contract announced in 2010.
Porter Airlines» Bob Delulce announces the purchase of a dozen Bombardier C - series aircraft, Apr. 10, 2013 (Photo: Keith Beaty / Getty)
But the company has staked its future on a new sort of expansion strategy — a joint venture with Bombardier, announced in February.
In early 2011, Airbus responded to the Bombardier challenge by announcing a commitment to «re-engine» its low - end airliners for delivery as early as 2016.
The pressure will be on Bombardier to announce some deals at the Paris Air Show, which takes place June 20 - 26.
The Calgary - based carrier is facing increased competition from Air Canada (TSX: AC.B), which recently announced increased frequencies in Western Canada with its own fleet of Bombardier Q400s, operated by Jazz.
But when the feds announced a $ 372 - million loan to Bombardier this week, the dual - class structure remained intact.
The agreement with Air Canada was announced by Bombardier at the same time it said it would cut its workforce by 7,000 positions over two years, including 2,000 contractors.
Bombardier also announced Wednesday that it lost US$ 5.34 billion for 2015, including a US$ 677 million loss in the fourth quarter.
In early May, WestJet announced the purchase of 45 new planes from Bombardier in a contract worth $ 1.35 billion.
The delays are draining cash flow and probably explain Bombardier's decision, announced a few weeks ago, to put its Learjet program on ice.
MONTRÉAL, May 3, 2018 / CNW Telbec / - The Public Sector Pension Investment Board (PSP Investments) today announced that it has entered into a definitive agreement with Bombardier Inc. to acquire its Downsview Airport property in Toronto.
OTTAWA — The United States announced Tuesday that it would impose duties on imports of a new jet made by the Canadian jet maker Bombardier, a decision likely to fuel trade tensions between the United States and Canada just as the two countries face off over the future of the North American Free Trade Agreement.
That's the approach Quebec - based Bombardier has taken — the company recently announced its plan to make a C$ 100 - million technology transfer investment into Turkey to help realize the country's high - speed rail vision for 2030.
Flymojo, a Malaysian full service carrier that is yet to launch, announced on March 17 that it has signed a letter of intent to purchase 20 CS100 aircraft from Canada's Bombardier.
If Quebec's economy minister Jacques Daoust followed through on his promise (and there's no reason to think he didn't), within minutes of Prime Minister Justin Trudeau announcing his new cabinet on Wednesday, Daoust commenced the latest shakedown of federal taxpayers on behalf of Bombardier.
In June, the government announced that the consortium led by Siemens had beaten Bombardier Transportation's consortium to be the preferred bidder to build the 1,200 new carriage contract on the Thameslink route.
Bombardier said that it is pushing back the expected delivery date of its first CSeries jets and announced a major...
RwandAir and Bombardier Aerospace announced the delivery of a dual - class Q400 NextGen turboprop aircraft, fulfilling an order placed on April...
In any event, Bombardier's shares went up in value as soon as the Airbus deal was announced, meaning it might one day be able to pay off its government loans.