New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 16, 2014
08:10 EDTBDRBFBombardier confirms change to CSeries entry-into-service to 2H15
Bombardier Aerospace confirmed that the CSeries aircraft program is making solid progress and initial performance results are in line with the company's expectations. However, based on the thorough review of the CSeries program after the first flight of the CS100 on September 16, 2013, the flight test phase will require more time than originally anticipated to ensure, amongst other things, that the aircraft has the overall system maturity to support a successful entry-into-service. The CS100 aircraft's entry-into-service is now scheduled for the second half of 2015 and will be followed by the CS300 aircraft's entry-into-service approximately six months afterwards.
News For BDRBF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 18, 2014
07:08 EDTBDRBFBombardier awarded 227M contract for 27 new four-car trains by GTR
Subscribe for More Information
November 11, 2014
05:29 EDTBDRBFBombardier, China's SPDBFL sign MOU for financing cooperation
Bombardier announced that it has signed a memorandum of understanding, or MOU, with China's SPDB Financial Leasing, or SPDBFL, which clears the way for SPDBFL to provide advance payment financing, delivery financing and leasing solutions to Bombardier customers acquiring Q-Series, CRJ Series and CSeries commercial aircraft, as well as Learjet, Challenger and Global business aircraft. The breadth of capital available from SPDBFL for Bombardier customers is up to $500M.
November 9, 2014
15:40 EDTBDRBFBombardier says China Express is previously announced unidentified customer
Bombardier Commercial Aircraft announced that China's sole specialized regional airline, China Express Airlines, is the previously announced unidentified customer that had placed a firm order for 16 CRJ900 NextGen regional jets and had taken options for eight additional airliners of the same type. This purchase agreement was initially announced on June 30. The announcement was made today in Beijing, in the presence of His Excellency Li Keqiang, Premier, People's Republic of China; The Right Honourable Stephen Harper, Prime Minister of Canada; Hu Xiaojun, Chairman, China Express; Wu Longjiang, President, China Express; Pierre Beaudoin, President and CEO, Bombardier; and Jianwei Zhang, President, Bombardier China. As previously announced by Bombardier, based on the list price for the CRJ900 NextGen aircraft, the firm order is valued at approximately $727M The value could increase to $1.12B should China Express exercise its options.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use