Bombardier Aerospace News
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Bombardier Inc. is rallying on optimism that the CSeries jet, the company’s biggest ever, will meet a June deadline for its maiden flight after a six-month delay shook investors’ confidence.
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Qantas Airways will buy seven new Q400 NextGen aircraft from Bombardier Aerospace, the carrier said today. The contract is valued at approximately $218 million based on the list price, the carrier said in an e-mailed release.
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Bombardier Inc.’s Bombardier Aerospace said today its board has approved an “expanded Global aircraft family.” The company will disclose details on Oct. 18.
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Bombardier Inc. said it may cut output of some regional-jet models as slowing economic growth damps demand, and the shares fell the most in a benchmark Canadian index.
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Bombardier Inc. won a conditional order valued at $1.02 billion for 15 CSeries jets, buoying a model that has struggled for orders in the narrow-body airliner market dominated by Boeing Co. and Airbus SAS.
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Bombardier Inc. won the first contract in more than a year for its new CSeries jet, with an order for 10 aircraft from Sweden’s Braathens Leasing Ltd., and is in “advanced” negotiations with more customers.
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Bombardier Inc.’s goal of a first flight in 2012 for the CSeries jet is at risk as it struggles with developing electronic cockpit controls, the planemaker’s aerospace chief said.
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Bombardier Inc. , the world’s third- biggest planemaker, said quarterly profit slid 16 percent amid sluggish demand for commercial and business jets.
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Bombardier Inc. , the world’s third- biggest commercial jet maker, said quarterly profit rose more than analysts expected as it delivered more commercial and business aircraft.
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Bombardier Inc. jumped the most since November 2008 in Toronto trading after quarterly profit beat analysts’ estimates as the company won business-jet orders and pared inventory.
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