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Stock Market & Financial Investment News

News Breaks
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.
News For BDRBF From The Last 14 Days
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October 1, 2014
14:04 EDTBDRBFBombardier Transportation wins new operations contract in New Jersey
Rail technology leader Bombardier Transportation announced that it signed a new contract with New Jersey Transit Corporation at the end of September to provide operations and maintenance services for NJ TRANSIT's River Line Light Rail system. The contract is valued at approximately U.S. $331M and covers a period of 15 years. The agreement includes an option for an additional five years. Through its wholly-owned subsidiary Southern New Jersey Rail Group, Bombardier has been operating and maintaining the River Line Light Rail system since its opening in March 2004. Bombardier's scope of work under the new contract, effective March 14, 2015, will include train operations, dispatching, vehicle maintenance as well as maintenance for all right of way, facilities and signalling infrastructure.
September 26, 2014
07:31 EDTBDRBFBombardier, Macquarie AirFinance sign purchase agreement for up to 50 CS300s
Bombardier announced that a wholly owned affiliate of Macquarie AirFinance has signed a firm purchase agreement for 40 CS300 jetliners and has taken options on an additional 10 CS300 aircraft. Macquarie AirFinance, which currently owns or manages 136 jet aircraft leased to 73 operators in 43 countries across six continents, will lease the CS300 aircraft to airline operators around the world. Delivery of the aircraft will be on a phased basis from 2017 to 2019.

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