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Tag: Bombardier

REMINDER/Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

August 5, 2020 | English, Press Release

MONTREAL, Aug. 05, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020. On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, […]

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European Commission clears Alstom’s acquisition of Bombardier Transportation

July 31, 2020 | Press Release

MONTRÉAL, July 31, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) and Alstom welcome the European Commission’s decision for conditional clearance of the proposed acquisition of Bombardier Transportation by Alstom. The Commission’s approval for the transaction is conditional on certain proposed engagements that consist of: A transfer of Bombardier Transportation’s contribution to the V300 ZEFIRO very […]

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Media Advisory: Bombardier to Report its Second Quarter 2020 Financial Results on August 6, 2020

July 29, 2020 | Press Release

MONTREAL, July 29, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will publish its financial results for the second quarter ended June 30, 2020 on August 6, 2020. On August 6, 2020 at 8:00 a.m., EDT, Éric Martel, President and Chief Executive Officer; John Di Bert, Senior Vice President and Chief Financial Officer; and Patrick Ghoche, […]

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Bombardier Reports Better than Expected Cash Usage in the Second Quarter and a New $1 billion Senior Secured Credit Facility

July 22, 2020 | Press Release

MONTREAL, July 22, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) reported that its second quarter cash usage was approximately $500 million better than previously expected and that it has secured a commitment from investment funds and accounts managed by HPS Investment Partners, LLC to provide a three-year senior secured term loan (the “Facility”) of up […]

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Bombardier Announces the Election of its Board of Directors

June 19, 2020 | Press Release

MONTREAL, June 18, 2020 (GLOBE NEWSWIRE) — Bombardier announced today that all candidates in the Management Proxy Circular dated May 6, 2020 were elected as directors of Bombardier Inc. during its annual meeting of shareholders, which was held in Montreal earlier today. The detailed results of the ballot for the election of directors are below. […]

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REMINDER – Bombardier Announces Virtual Annual Meeting of Shareholders

June 17, 2020 | Press Release

MONTREAL, June 16, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) will host its 2020 Annual Meeting of Shareholders (“Meeting”) on June 18, 2020 at 10:30 EDT in a virtual format due to the ongoing public health concerns related to the COVID-19 pandemic. The Corporation previously announced in its 2020 Notice of Meeting that, subject to […]

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Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

June 1, 2020 | Press Release

All amounts in this press release are in U.S. dollars unless otherwise indicated. MONTREAL, June 01, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd (MHI) (TOKYO:7011) for a cash consideration of approximately $550 million, subject to […]

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Media Advisory: Bombardier CEO and CFO to speak at Barclays Industrial Select Conference on February 19, 2020

February 19, 2020 | Press Release

MONTRÉAL, Feb. 18, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that its President and Chief Executive Officer, Alain Bellemare, and its Senior Vice President and Chief Financial Officer, John Di Bert, will speak at the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 19, at 1:50 p.m. EST DATE: Wednesday, February 19, 2020 […]

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Bombardier Signs Firm Purchase Agreement for Six Q400 Turboprops

April 1, 2019 | Official News, Press Release

TORONTO, April 01, 2019 (GLOBE NEWSWIRE) — March 29, 2019 — Bombardier Commercial Aircraft announced today that a customer, who has requested to remain unidentified at this time, has signed an order to acquire six new Q400 aircraft. Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$ 202 million. […]

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Bombardier Launches New Innovative 50-Seater Aircraft

February 6, 2019 | Press Release

The CRJ550 is a new aircraft type based on the CRJ700 platform, within Bombardier’s successful CRJ family This aircraft model is the first triple-class 50-seat aircraft in the world MONTRÉAL, Feb. 06, 2019 (GLOBE NEWSWIRE) — Bombardier Commercial Aircraft is pleased to officially launch the new CRJ550 aircraft, the first triple-class 50-seat aircraft in the […]

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Biman Signs Order for Three New Bombardier Q400 Aircraft

September 10, 2018 | Press Release

TORONTO, Sept. 10, 2018 (GLOBE NEWSWIRE) — Bombardier Commercial Aircraft announced today that Biman Bangladesh Airlines Ltd. has ordered three new Q400 turboprops by signing a purchase agreement with the Canadian Commercial Corporation (CCC). Based on the list price of the Q400 aircraft, the firm order is valued at approximately US$106 million. “We are very […]

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Bombardier Continues African Market Penetration with Pre-Owned Q400

August 13, 2018 | Press Release

PassionAir becomes first Bombardier operator in Ghana with three Q400 aircraft MONTREAL, Aug. 13, 2018 (GLOBE NEWSWIRE) — Bombardier Commercial Aircraft announced today that the company successfully placed three pre-owned Q400 turboprops with PassionAir from the Republic of Ghana. The airline acquired the aircraft through a dry-lease with a third party. “Bombardier has sold about […]

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