Bombardier Inc., the world’s third- biggest planemaker, may refinance 785 million euro ($1.08 billion) of bonds due in 2016 with U.S. dollar-denominated debt to lower borrowing costs and extend maturities.
GKN Plc, a supplier of parts to Boeing Co. Dreamliners and Airbus SAS A350 long-range jets, is interested in a facility Spirit Aerosystems Holdings Inc. has for sale as it seeks to grow commercial aerospace revenue.
Cockpit technology to cut the risk of on-ground airport collisions is moving toward commercial adoption as Honeywell International Inc. targets business jets like those favored by chief executive officers.
Bombardier Inc. tumbled to the lowest level in more than a year after it reduced 2014 profit targets for aerospace and train divisions and boosted the cost estimate for a second time for the CSeries family of jets.
When Larry Robbins was a boy in the Chicago suburbs, his father, Sheldon, worked two jobs and wasn’t around much. If the young Robbins wanted to see him on weekends, he had to travel to Arlington Park, a nearby horse-racing track that his dad ran. During those Saturday visits, his father taught him how to handicap horses. One lesson: Know the horse and the race. Was the track dry or muddy? Did the horse win because he was fast or because the competition was lousy?