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Bombardier Reports Second Quarter 2020 Financial Results, Progress on Near-Term Priorities

Pro-forma(1) liquidity(2) of approximately $3.5 billion, including approximately $1.7 billion of consolidated cash on hand, $738 million of available revolver capacity at Transportation as of June 30, 2020, and up to $1.0 billion of new liquidity from recently announced senior secured credit facility Free cash flow usage(3) and cash flow usage from operating activities better […]

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

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

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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Madison Realty Capital Hires Brian Chase as Chief Operating Officer

Accomplished operations executive becomes first COO in private equity firm’s history Madison Realty Capital Hires Brian Chase as Chief Operating Officer NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — Madison Realty Capital (MRC) announced it has appointed Brian Chase as its new Chief Operating Officer (COO), to support the firm’s operations and core business functions, […]

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

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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Secretary Elaine Chao Unveils Guidance Document for Regulation of Hyperloop Months Ahead of Schedule and Establishes Eligibility for Project Funding

Announcement shows USDOT’s commitment to advancing next-generation transportation technology WASHINGTON, July 23, 2020 (GLOBE NEWSWIRE) — Today, US Department of Transportation (USDOT) Secretary Elaine Chao and the Non-Traditional and Emerging Transportation Technology (NETT) Council unveiled the guidance document on a clear regulatory framework for hyperloop in the United States. “This guidance bridges the gap between […]

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‘World’s most expensive school’ criticised in academic report for turning a blind eye to bullying

A report published today by a member of the International Observatory of Violence in Schools shows how despite high fees, private schools are failing to protect their students from serious bullying and cyberbullying. A leading expert has expressed concerns that schools often prioritise their reputations by punishing victims who speak out, leaving bullies to feel […]

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