Alstom and Bombardier now expect the transaction to close on January 29, 2021. Net proceeds to Bombardier of ~$3.6 billion, including ~$600 million in Alstom shares Proceeds strengthen liquidity and will allow the Company to begin debt paydown 1 ; Pro-forma net debt as of December 31, 2020 ~$4.7 billion 2 Completes Bombardier’s repositioning as a … Bombardier shares are traded on the Toronto Stock Exchange (BBD). The M7 multifunctional cars will be fully accessible autonomously for people with reduced mobility, provide additional space and include an adapted toilet and an intercom system for … In the fiscal year ended December 31, 2018, Bombardier posted revenues of $16.2 billion US. In the future, we will be focusing on business aircraft, where Bombardier is a strong, well-established market leader. Investors were disappointed with the news, as Bombardier shares lost more than 15 per cent of their value and were changing hands at $2.74 per share on the Toronto Stock Exchange nearing midday. Financial results for the fiscal year ended December 31, 2020, Financial results for the third quarter ended September 30, 2020, Bombardier and Alstom Sign Definitive Agreement for the Sale of Transportation Business, Financial results for the second quarter ended June 30, 2020, Financial results for the first quarter ended March 31, 2020, Barclays Industrial Select Conference 2020, Strategic Decision to Focus on Business Aviation - Sale of BT to Alstom, Financial results for the fiscal year ended December 31, 2019, Barclays Industrial Select Conference 2019, Financial results for the first quarter ended March 31, 2019, Financial results for the fiscal year ended December 31, 2018, Financial results for the second quarter ended June 30, 2019, Financial results for the third quarter ended September 30, 2019, Protecting the health and safety of our employees. All months filter. Today, we continue that legacy by making sustainable product innovation and customer experience the centre of everything we do. Our business succeeds when our employees across the world thrive. PLATTSBURGH — Bombardier Inc. has sold its transportation division to French railcar and locomotive manufacturer Alstom. News and information are available at bombardier.com or follow us on Twitter @Bombardier. In the future, we will be focusing on business aircraft, where Bombardier is a strong, well-established market leader. Bombardier, which confirmed the closing of the deal Friday, said net proceeds from the sale were US$3.6 billion, down from the US$4 billion it had expected in September. Financial results for the fiscal year ended December 31, 2020, Financial results for the third quarter ended September 30, 2020, Bombardier and Alstom Sign Definitive Agreement for the Sale of Transportation Business, Financial results for the second quarter ended June 30, 2020, Financial results for the first quarter ended March 31, 2020, Barclays Industrial Select Conference 2020, Strategic Decision to Focus on Business Aviation - Sale of BT to Alstom, Financial results for the fiscal year ended December 31, 2019, Barclays Industrial Select Conference 2019, Financial results for the first quarter ended March 31, 2019, Financial results for the fiscal year ended December 31, 2018, Financial results for the second quarter ended June 30, 2019, Financial results for the third quarter ended September 30, 2019, Protecting the health and safety of our employees, Bombardier Closes Sale of its Transportation business to Alstom, Bombardier Takes Next Steps in its Smart Link Plus Connected Aircraft Program, Now Booking In-service Aircraft for Smart Link Plus Box Installs, Latitude 33 Aviation Proudly Adds Another New Bombardier Challenger 350 Business Jet to its Fleet, Bombardier Announces Completion of Previously Announced Acquisition and Gains Full Ownership of Aircraft Service Centre in Berlin, Bombardier Announces Sale of 10 Challenger 350 Business Jets, Bombardier to supply 33 OMNEO Regio 2N trains to SNCF for the Hauts-de-France region, Bombardier to supply 205 new rail cars for Vancouver’s SkyTrain network, Bombardier–Alstom consortium to provide 204 multifunctional M7-type coaches to SNCB, Bombardier wins contract to provide up to 117 new FLEXITY trams to BVG in Berlin, Bombardier Appoints Annie Torkia Lagacé Senior Vice President, General Counsel and Corporate Secretary, Bombardier and Alstom Confirm Receipt of All Necessary Regulatory Approvals to Complete Bombardier Transportation Sale to Alstom, Bombardier Appoints Bart Demosky Executive Vice President and Chief Financial Officer, Bombardier Reports Third Quarter 2020 Financial Results, Provides Update on Transition to a Pure-Play Business Aircraft Company, Bombardier, Texas State Technical College (TSTC) Celebrate Official Registration of Bombardier Aviation Apprenticeship Program (BAAP), Bombardier Confirms the Closing of the Aerostructures Business Transaction, Bombardier to Report its Third Quarter 2020 Financial Results on November 5, 2020, Bombardier Expands Customer Support Footprint in Asia-Pacific with Establishment of New Service Centre in Melbourne, Australia. ... News Category filter All years filter. December 22, 2020 Transportation Press Release Bombardier to supply 33 OMNEO Regio 2N trains to SNCF for the Hauts-de-France region New trains manufactured in Hauts-de-France, certified Origine France Garantie, to modernize and improve services on the region’s busiest lines December 21, 2020 Transportation Press Release June 1, 2020 - Montréal. The … Stock analysis for Bombardier Inc (BBD/B:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Bombardier Transportation has launched a major investment and hiring plan to boost the production capacity of its factory in Bruges, Belgium, by mid-2021. Thinking about a career at Bombardier? Sortable list of all Bombardier press releases and statements. Bombardier (TSX: BBD.B) confirmed today the closing of the previously announced sale of the CRJ Series aircraft program to Mitsubishi Heavy Industries, Ltd (MHI) (TOKYO:7011) for a cash consideration of approximately $550 million, subject to post-closing adjustments and the assumption … Skip navigation links. Innovative technology has been part of the Bombardier story from the very beginning. In a news release, Bombardier said the lower proceeds were also due to "disagreements between the parties as to certain adjustments which Bombardier intends to challenge." Visit our website and find the position best suited for you. Bombardier shares are traded on the Toronto Stock Exchange (BBD). Bombardier today announced the latest advancements in its comprehensive Smart Link Plus connected aircraft program. Bombardier Releases its 2019 Activity Report, Highlighting Sustainability Milestones and Objectives May 28, 2020 MONTREAL, May 28, 2020 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) today released its 2019 Activity Report, reaffirming its commitment to sustainability and highlighting the Company’s progress over the past year towards achieving its environmental, social … Innovative technology has been part of the Bombardier story from the very beginning. Bombardier today announced the latest advancements in its comprehensive Smart Link Plus connected aircraft program.Effective immediately, operators of Challenger 300 and Challenger 350 aircraft can reserve their exclusive appointment at a Bombardier Service Centre for the installation of the free-of-charge* Smart Link Plus box as early as mid-2021. Sortable list of all Bombardier press releases and statements. Bombardier receives order for 10 Challenger 350 jets FlightGlobal 14:14 Wed, 23 Dec. Bombardier Announces Sale of 10 Challenger 350 Business Jets GlobeNewswire (Press Release) 12:20 Wed, 23 Dec. At the end of December 2020, global mobility technology leader Bombardier Transportation received a new order to deliver six more BOMBARDIER FLEXITY high-floor light rail vehicles (LRV) from Kölner Verkehrs-Betriebe (KVB), the transport operator in Cologne, Germany. 2021/01/14 Good Design USA – BRP Wins Three Prestigious Awards Read more. Royal Australian Air Force benefits from Airbus SmartForce digital services ESDPA (Press Release) 09:46 28-Jan-21 Pegasus Airlines Airbus A320neo lands at Basel-Mulhouse, France with nose-gear tilted 90 degrees Aviation24 08:52 28-Jan-21 Two of these vehicles have now arrived in Cologne … We can’t afford to put these good jobs at any further risk. Bombardier’s share price dropped to multi-year lows this month as the market reacts to the latest round of bad news which started with a warning from … Bombardier shares are traded on the Toronto Stock Exchange (BBD). December 22, 2020 Transportation Press Release Bombardier to supply 33 OMNEO Regio 2N trains to SNCF for the Hauts-de-France region New trains manufactured in Hauts-de-France, certified Origine France Garantie, to modernize and improve services on the region’s busiest lines December 21, 2020 Transportation Press Release All amounts in this press release are in U.S. dollars unless otherwise indicated. 1. Bombardier Announces Closing Date, Amended Terms for Sale of Aerostructures Business to Spirit AeroSystems Holding, Inc. Bombardier Names Antonio Cortés as Recipient of 2020 Safety Standdown Award, Bombardier signs three-year services contract extension for Arriva CrossCountry in the UK. The company is recognized on the 2019 Global 100 Most Sustainable Corporations in the World Index. In the last month. The modern 5-car trains will provide additional capacity to meet the region’s current and future transportation needs. In the fiscal year ended December 31, 2019, Bombardier posted revenues of $15.8 billion US. News and information are available at bombardier.com or follow us on Twitter @Bombardier. Corporate. BDRBF: Get the latest Bombardier stock price and detailed information including BDRBF news, historical charts and realtime prices. January 26, 2021 - by Layan Odeh for www.bnnbloomberg.ca. 3116 results. 2. Investor Relations. In 2015, KVB ordered 20 of these newly developed FLEXITY high-floor LRVs. A former Bombardier Inc. plant in Northern Ireland will lead Britain's development of drone fighters after new owner Spirit AeroSystems Holdings Inc. was awarded a 30 million-pound ($41 million) design contract.. A consortium comprising Bombardier Transportation and Alstom has received a new order to supply 204 double-deck M7-type multifunctional coaches to the Société Nationale des Chemins de Fer Belges (SNCB). Non-GAAP financial measure. Bombardier's shares plunged 31.8 per cent to their lowest level in nearly four years following its release, which pointed to a possible withdrawal from a … Global mobility provider Bombardier Transportation has received a new order for a framework agreement with the Berliner Verkehrsbetriebe (BVG) for the delivery of up to 117 BOMBARDIER FLEXITY trams and their spare parts supply for up to 32 years. Already, too many Bombardier workers are on … The potential sale was announced last … Live breaking news, national news, sports, business, entertainment, health, politics and more from CTVNews.ca. Pro-forma net debt is defined as Long-term debt of $10.1 billion less cash and cash equivalents at Bombardier Inc. (excluding Transportation) … Bombardier will receive US$591M, net of adjustments, of which US$531M was received at closing, and is released of its future funding capital requirement to Airbus Canada Over … Thinking about a career at Bombardier? MONTREAL - Bombardier says the net proceeds from the sale of its rail business to Alstom were lower than expected because of difficult market conditions. Pro-forma net debt is defined as Long-term debt of $10.1 billion less cash and cash equivalents at Bombardier Inc. (excluding Transportation) … Bombardier shares are traded on the Toronto Stock Exchange (BBD). A strong post-pandemic recovery has to be based on good jobs. See the forward-looking statements disclaimer at the end of this press release. Canadian news, COVID-19 news and headlines from around the world. To receive our press releases, please visit the RSS Feed section. The total amount of the framework contract is valued up to around 571 million euro ($693 million US). Follow @Bombardierjets on Twitter to receive the latest news and updates from Bombardier Business Aircraft. The modernisation cost of Bombardier’s site in Bruges will be financed by an investment of over €6m. The page you're looking for has taken off. Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services. Global mobility technology leader Bombardier Transportation announced today that it has signed a contract with TransLink for 205 new rail cars for the SkyTrain network in Vancouver. 1 December 2020 – Alstom and Bombardier announced today that all necessary regulatory approvals required to complete the sale of Bombardier Transportation to Alstom have been received. News and information are available at bombardier.com or follow us on Twitter @Bombardier. Sortable list of all Bombardier press releases and statements. Visit our website and find the position best suited for you. 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