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Stock Market & Financial Investment News

News Breaks
June 2, 2014
07:59 EDTBDRBFReport says Bombardier to start analysis of CSeries engine, Reuters says
A report from aviation journal Aviation Week said that Bombardier will begin breaking down the engine of its CSeries jetliner to look into its failure during maintenance testing this week, according to Reuters, citing comments Bombardier Aerospace president and COO Guy Hachey. Reference Link
News For BDRBF From The Last 14 Days
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November 18, 2014
07:08 EDTBDRBFBombardier awarded 227M contract for 27 new four-car trains by GTR
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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.

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