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Stock Market & Financial Investment News

News Breaks
February 19, 2014
05:49 EDTBDRBFBombardier signs contract with Transport for London valued at $2.1B
Bombardier Transportation announced that it has signed a contract with Transport for London for the provision of new trains, a depot and maintenance services for the flagship London Crossrail project. The contract is valued at approximately $2.1B. Bombardier will deliver 65 nine-car trains and construct a new purpose-built depot at Old Oak Common. The deal also includes maintenance provision for the fleet of trains. The programme is scheduled to commence on April 17. The new trains will be built at Bombardier's Derby site and will support 840 UK manufacturing jobs including 80 apprenticeships. In addition, the project will create around 260 jobs for the construction of the new depot and approximately 80 jobs for the ongoing maintenance of the trains.
News For BDRBF From The Last 14 Days
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July 24, 2014
06:30 EDTBDRBFBombardier new structure revamp means job cuts, Reuters says
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06:08 EDTBDRBFBombardier COO Hachey to retire, announces new organizational structure
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July 16, 2014
08:29 EDTBDRBFBombardier signs conditional purchase agreement for up to 13 CS300 aircraft
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07:27 EDTBDRBFBombardier announces LOI for 5 CSeries Airliners by African customer
Bombardier Aerospace announced that an African airline and existing Bombardier customer, who wishes to remain unidentified at this time, has signed a Letter of Intent, or LOI, to acquire five CSeries airliners. Based on list pricing, a firm order for five CSeries aircraft would be valued at approximately $365M.
06:46 EDTBDRBFBombardier announces firm order by Nok Air for two Q400 NextGen aircraft
Bombardier Aerospace announced that Thai carrier Nok Air has converted two of four previously acquired Q400 NextGen aircraft purchase rights to firm orders. The purchase rights were acquired under a contract announced on November 19, 2013 that also included two firm-ordered aircraft and two options, which were converted to firm orders on March 31. Nok Air is the launch customer for the new extra capacity seating option of the Q400 NextGen turboprop. This option will allow the aircraft to accommodate up to 86 passengers and offer an advantage of up to 7% fuel burn per seat, as well as an overall operating seat cost advantage of up to 17% compared to its closest turboprop competitor. Based on the list price for the Q400 NextGen airliner, the firm order is valued at approximately $66M.
July 15, 2014
07:38 EDTBDRBFBombardier announces Falcon Aviation signs letter of intent for 5 Q400 airliners
Bombardier Aerospace announced that Falcon Aviation Services of Abu Dhabi signed a Letter of Intent for five additional Q400 NextGen airliners. The LOI is in addition to the order for two Q400 NextGen aircraft announced in February and an order for one firm aircraft placed in April. The two companies signed a memorandum of understanding whereby they agree to collaborate in addressing the need in Africa and the Middle East for multiple, high quality aircraft solutions which meet international standards. Based on Q400 NextGen aircraft list price, should the LOI for the five Q400 NextGen aircraft be converted to a firm order, the firm order contract would be valued at approximately $160M.
07:26 EDTBDRBFUBS to hold events at Farnborough Air Show
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07:17 EDTBDRBFFarnborough International to hold air show
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07:16 EDTBDRBFCredit Suisse events at Farnborough Air Show
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06:12 EDTBDRBFBombardier announces Alaska Air Q400 NextGen aircraft order
Bombardier Aerospace (BDRBF) announced that Seattle-based Horizon Air Industries, an Alaska Air (ALK) company, has signed a firm purchase agreement for one Bombardier Q400 NextGen turboprop airliner. The airline retains its options on another seven Q400 NextGen aircraft as announced previously. Additionally, Bombardier and Horizon Air confirmed they have signed a five-year heavy maintenance agreement whereby Bombardier will perform heavy maintenance tasks for the airline's fleet of 52 Q400 aircraft at Bombardier's service centre in Tucson, Arizona. Based on the list price of the Q400 NextGen aircraft, the aircraft agreement is valued at approximately $32.6M.
July 14, 2014
07:24 EDTBDRBFPratt & Whitney says Cseries defect is seal problem in oil system, Reuters says
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06:42 EDTBDRBFBombardier announces LOI for 20 CSeries aircraft by Zhejiang Loong Airlines
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06:40 EDTBDRBFBombardier announces firm order for two CS100 aircraft valued at about $136.5M
Bombardier Aerospace announced that Petra Airlines of Amman, Jordan has signed a Letter Of Intent, or LOI, to acquire up to four CS100 and CS300 airliners. Should the LOI be converted to a firm purchase agreement, the transaction would include two firm-ordered CS100 aircraft and two options for CS300 aircraft. Based on list prices, a firm order for two CS100 aircraft would be valued at approximately $136.5M, increasing to $298.4M if the two options for CS300 aircraft are converted to firm orders.
06:27 EDTBDRBFBombardier announces firm order for two CSeries jetliners
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July 13, 2014
12:40 EDTBDRBFBombardier releases annual business, commercial aircraft market forecasts
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July 12, 2014
16:43 EDTBDRBFBombardier to sell 24 CS100 mainline jets to Falko
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