Bombardier Inc.

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Bombardier, Inc. engages in the design, development, and manufacture of business aircraft. It operates through the Business Aircraft and Others segments. The Business Aircraft segment includes the aircraft, specialized aircraft solutions, and pre-owned aircraft. The Others segment refers to the sale of components related to commercial aircraft programs. The company was founded on June 19, 1902 and is headquartered in Dorval, Canada.

Canadian plane and train maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11 percent of the workforce at its aviation unit, as the coronavirus pandemic’s crushing impact on the air industry adds to its long list of problems. The aviation industry has been among the worst hit by the pandemic,.

Bombardier to cut 2,500 aviation jobs as coronavirus dents travel demand

Canadian plane and train maker Bombardier Inc said on Friday it would cut 2,500 jobs, or about 11% of the workforce at its aviation unit, as the coronavirus pandemic's crushing impact on the air industry adds to its long list of problems.

Bombardier to cut 2,500 aviation jobs as pandemic dents travel demand

Demand for business jets has dried up during the Covid-19 pandemic.

Business jet maker Bombardier cuts 2,500 jobs

Bombardier Inc. (BDRBF) CEO Eric Martel on Q1 2020 Results - Earnings Call Transcript

Bombardier Inc  said on Tuesday it plans to resume production at some of its facilities in the United Kingdom, which had been halted in March due to government-mandated social distancing to battle the coronavirus pandemic.

Bombardier to resume some operations in UK

Bombardier  pulled its 2020 outlook on Tuesday and said it would halt all non-essential work at most of its Canada-based operations until April 26 to help slow the spread of the coronavirus pandemic.

Bombardier halts most operations in Canada due to coronavirus

Bombardier Inc. BDRBF, +4.30% BBD.B, +6.40% said Tuesday that it will suspend all non-essential work at most of its Canada-based operations until April 26, including its aircraft and rail production activities in Quebec and Ontario.

Bombardier to suspend all non-essential operations, to furlough affected employees

Bombardier is suspending Canadian production of its corporate jets to comply with restrictions placed by provincial governments aimed at curbing the spread of the coronavirus, a source familiar with the matter said on Monday.

Bombardier to suspend business jet production in Canada over coronavirus: source

Canada's Bombardier Inc  could face its first test as a standalone business jet maker as economic uncertainty linked to the rapid spread of coronavirus crimps demand for new corporate aircraft and has sparked fears of a recession, industry executives and analysts said.

Coronavirus turmoil poses test as Canada's Bombardier sheds assets

Bombardier Inc  Chief Executive Officer Alain Bellemare is leaving the company, the Globe and Mail reported on Wednesday, citing a report https://tgam.ca/2TGoqBN by Montreal's La Presse.

Bombardier CEO to leave company: Globe and Mail, citing report

Within a month of shedding its last remaining business unit to pay down debt and focus solely on building business jets, Bombardier’s mettle is already being put to the test.

Bombardier Just Got Its First Taste Of Being A Stand-Alone Business Jet Maker - And It’s Going To Leave A Mark

As part of its turnaround efforts, Bombardier just announced the proposed sale of its Bombardier Transportation (BT) rail unit to Alstom.  How will it fare as the only pure-play business jet maker?

Bombardier As The Only Pure-Play Business Jet Maker; How Things Could Play Out

Shares of Alstom SA  and Bombardier Inc  fell on Tuesday after the French firm agreed to buy its Canadian rival's rail division for up to 6.2 billion euros ($6.7 billion), a deal likely to draw scrutiny from competition regulators and unions concerned about job cuts.

Alstom, Bombardier shares fall after $6.7 billion rail deal

Alstom SA on Monday agreed to buy Bombardier Inc's train business for up to 6.2 billion euros ($6.7 billion), days after Airbus SE agreed to buy out Bombardier's remaining stake in the A220 passenger jet program, helping the company improve its financial position.

Timeline: Bombardier's journey from Ski-Doo maker to business jet maker

The French government will make sure the acquisition of Bombardier's train business by Alstom creates value for the European rail industry and the staff of both companies, Finance Minister Bruno Le Maire said on Monday.

French government to ensure Alstom-Bombardier deal creates value: minister

Alstom is pursuing a huge deal that could help it counter a growing threat from a Chinese rival.

Alstom nears deal to buy Bombardier's rail business, which could help it take on China

Bombardier is focusing more on aviation and pays down debt.

Bombardier agrees to sell rail unit to Alstom in $8.2 billion deal

French train maker Alstom  has confirmed it is in talks on the possible acquisition of the train business of Canada's Bombardier , a potential $7 billion deal that could help it build scale in the increasingly competitive rail sector.

Alstom confirms talks on potential $7 billion Bombardier deal

French transport infrastructure company Alstom  said on Monday it was in talks over a possible acquisition of the train business of Canadian company Bombardier , which could be worth $7 billion on an enterprise value basis.

Alstom confirms talks underway to buy Bombardier Transportation

Bombardier Inc. (BDRBF) CEO Alain Bellemare on Q4 2019 Results - Earnings Call Transcript

Bombardier: Divesting Continues

Airbus SE

Airbus has teamed up with the Quebec government to buy Bombardier's 33.5% stake in the A220 passenger jet program, completing the Canadian firm's exit from civil aviation and boosting Airbus's position in a new battleground with Boeing.

Airbus, Quebec to buy out Bombardier's A220 stake

Airbus and the Government of Québec have become the sole owners of the A220 program, previously the Bombardier C-Series, as Bombardier exits from commercial aviation.

Airbus Buys Bombardier Out Of Commercial Aviation For $591 Million

European planemaker Airbus  has reached a deal to buy the remaining stake of Canadian plane and train maker Bombardier  in the A220 passenger jet program, it said on Thursday.

Airbus to buy rest of Bombardier stake in A220 passenger jet program

French train maker Alstom's  board will meet on Wednesday evening to decide on a possible offer for the rail business of Canada's Bombardier , a source familiar with the situation told Reuters.

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