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Stock Market & Financial Investment News

News Breaks
July 16, 2014
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.
News For BDRBF From The Last 14 Days
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July 30, 2015
06:11 EDTBDRBFBombardier reports Q2 adjusted EPS 6c, one estimate 3c
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July 29, 2015
06:26 EDTBDRBFSiemens, Bombardier in talks over possible train, rail merger, WSJ reports
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July 27, 2015
10:19 EDTBDRBFBombardier wins 30 year vehicle maintenance contract for Toronto rail line
Bombardier has won a contract to provide 30 years of maintenance on BOMBARDIER FLEXITY Freedom light rail vehicles it will build for service on the new Toronto Eglinton Crosstown line. The contract, which was awarded by the Crosslinx Transit Solutions Maintenance General Partnership, is valued at approximately $308M. For this agreement, Bombardier has been subcontracted by the Crosslinx Transit Solutions Maintenance General Partnership, which is acting as the maintainer of the entire system on behalf of the winning consortium responsible for designing, financing, building and maintaining the 19-kilometre transit line. The project is under the authority of Metrolinx, the Government of Ontario agency responsible for the coordination and integration of all modes of transportation in the Greater Toronto and Hamilton Area.

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