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Bombardier, Toronto union reach agreement ahead of strike deadline
Posted on Saturday June 23, 2018
Canadian workers who assemble Bombardier Inc's (BBDb.TO) turboprops and the company's new top-of-the-line business jet on Saturday reached a tentative agreement with the company just hours ahead of a strike deadline, the union said. Unifor, the union representing the 1,600 workers, has previously said its members were looking for a three-year contract with greater job security on the company's strong-selling Global 7500 business jet, among other demands. A Bombardier spokesman confirmed that a tentative agreement has been reached.
[$$] Bombardier Climbing
Posted on Friday June 22, 2018
After several years of uncertainty, things are looking up for Bombardier (BBD.B.Canada), which makes trains and planes. The company, based in Montreal, had struggled with a cash crunch that required some 2.5 billion Canadian dollars (US$1.88 billion) in capital infusions from a pension fund and the Quebec government, and faced cost overruns on its much-anticipated commercial regional jet. The stock, which is listed on the Toronto Stock Exchange but not in the U.S., recently traded at C$5.30, up from C$2 and change in early 2017.
Bombardier sees 50 percent market share with revamped CRJ 900 jet
Posted on Thursday June 21, 2018
Bombardier Inc's (BBDb.TO) revamped CRJ 900 regional jet should win "half or more" of the market against competing planes from Brazil's Embraer SA (EMBR3.SA), the company's Commercial Aircraft President Fred Cromer told reporters on Thursday. The Canadian plane-and-train-maker, which won an order this week from Delta Air Lines (DAL.N) for 20 CRJ 900s with upgraded cabins, expects to make further inroads in the 76-seater market against Embraer's E175, Cromer said at the company's Montreal-area factory.
Bombardier sees 50 pct market share with revamped CRJ 900 jet
Posted on Thursday June 21, 2018
Bombardier Inc's revamped CRJ 900 regional jet should win "half or more" of the market against competing planes from Brazil's Embraer SA , the company's Commercial Aircraft President Fred Cromer told reporters on Thursday. The Canadian plane-and-train-maker, which won an order this week from Delta Air Lines for 20 CRJ 900s with upgraded cabins, expects to make further inroads in the 76-seater market against Embraer's E175, Cromer said at the company's Montreal-area factory.