Search results
Results from the WOW.Com Content Network
Bombardier Inc. (French pronunciation: [bɔ̃baʁdje]) is a Canadian business jet manufacturer. [2] Headquartered in Montreal , the company was founded in 1942 by Joseph-Armand Bombardier to market his snowmobiles and became one of the world's biggest producers of aircraft and trains.
Bombardier shifted focus from commercial to business aircraft, [67] [65] anticipating business jet shipments to increase from 135 in 2018 to 150-155 in 2019, [68] and forecast revenues of $16.5 billion in 2018, rising to over $20 billion in 2020 with a free cash flow of $0.75-1 billion, mostly via the large Global 7500.
(Reuters) -Bombardier Inc and rival Textron Inc on Thursday reported growing backlogs for corporate aircraft as demand for private flights soars, but executives warned of supply chain headaches.
Bombardier Inc. says it will lay off 550 employees at its Thunder Bay, Ont. plant later this year as two of its major contracts expire and the company contends with a lack of orders.
Montreal-based Bombardier is forecasting 15 to 20 deliveries of its flagship Global 7500 jets next year, after the long-range corporate planes enter service "in the coming days," David Coleal ...
Bombardier Transportation was a Canadian-German rolling stock and rail transport manufacturer, with headquarters in Berlin, Germany. It was one of the world's largest companies in the rail vehicle and equipment manufacturing and servicing industry. Bombardier Transportation had many regional offices, production and development facilities worldwide.
According to FlightAware data, business jet flights were up 23% in the week-beginning July 21 over 2019 levels in the United States, the world's largest market for corporate aviation.
In 2020, amid mounting debts, Bombardier sold its remaining A220 stake to Airbus and exited the commercial plane business. [81] With this deal, Airbus's stake in the A220 programme increased from 50.01% to 75%, while the Quebec government 's holding rose to 25%, although it will not be injecting any new money into the program.