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    Bombardier's Joint Venture Wins Contract to Build 15 Very High Speed Trains for China

    Market Wire – 9:24 AM ET 09/02/2015

    09/02/15 -- Rail technology leader Bombardier Transportation announced today that its Chinese joint venture, Bombardier Sifang Transportation Ltd., has been awarded a contract with China Railway Corp. to supply 15 CRH380D very high speed trains for the country's rapidly growing high speed network.

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    PRESS DIGEST- Canada- Aug 27

    Reuters – 7:55 AM ET 08/27/2015

    The following are the top stories from selected Canadian newspapers. THE GLOBE AND MAIL. ** Royal Bank of Canada Chief Executive Dave McKay is painting a relatively upbeat picture for both his bank and the broader economy, even as concern grows about the health of Canada's energy sector and its potential impact on loans.

  3. Show article details.

    Philippine Air to purchase or lease Boeing, Airbus planes

    Reuters – 4:34 AM ET 08/27/2015

    * Studying purchase or lease of Airbus A350s or Boeing (BA) 787s. * Delivery of new planes could be 2017-18. * To replace Airbus A340 aircraft serving US and Europe. * Looking to buy or lease nine Bombardier turboprops. Airbus Group SE (EADSF) and Boeing Co (BA) are competing for contracts to supply Philippine Airlines Inc with eight wide body, twin-engine aircraft, PAL's president said on Thursday.

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    Philippine Air to purchase or lease Boeing, Airbus planes

    Reuters – 12:55 AM ET 08/27/2015

    Flag carrier Philippine Airlines Inc said on Thursday it was considering whether to purchase or lease eight Boeing 787 or Airbus A350 XWB planes to allow it to fly non-stop to more destinations in the United States and Europe from Manila.

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    PRESS DIGEST-Canada - Aug 26

    Reuters – 7:53 AM ET 08/26/2015

    The following are the top stories from selected Canadian newspapers. THE GLOBE AND MAIL. ** Canada is contractually obliged to keep secret the details of a controversial $15 billion arms sale to Saudi Arabia - a transaction that Canadian Prime Minister Stephen Harper personally assured the country's monarch will be guaranteed by the Canadian government, documents say.

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    Russia's biggest air show hurt by economic crisis, sanctions

    Reuters – 12:43 PM ET 08/25/2015

    * Military aircraft orders faring much better. * Biennial MAKS air show is Russia's biggest. By Gleb Stolyarov. Russian civil aviation companies face a disappointing week at the country's largest air show that opened on Tuesday as economic crisis and Western sanctions take a heavy toll on order books and scare away many foreign firms.

  7. Show article details.

    Bombardier Transportation Releases Its Corporate Responsibility Report 2014 Moving Minds

    Market Wire – 9:40 AM ET 08/25/2015

    08/25/15 -- Rail technology leader Bombardier Transportation is shaping the future of mobility, responsibly. The CR Report reflects how the company is providing integrated and sustainable mobility solutions that meet the need for people to connect - in cities, regions, and countries worldwide.

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    Certification Tests Over 80 per cent Complete for Bombardier C Series Aircraft

    Market Wire – 11:33 AM ET 08/20/2015

    08/20/15 -- Bombardier announced today that its all-new CS100 has performed over 80 per cent of the required certification tests with more than 2,250 flight test hours to date.

  9. Show article details.

    Certification Tests Over 80 per cent Complete for Bombardier C Series Aircraft

    Market Wire – 11:30 AM ET 08/20/2015

    08/20/15 -- Bombardier announced today that its all-new CS100 has performed over 80 per cent of the required certification tests with more than 2,250 flight test hours to date.

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    CANADA STOCKS-TSX gains, but resource stocks still in funk

    Reuters – 4:54 PM ET 08/14/2015

    * TSX ends up 39.48 points, or 0.28 percent, at 14,277.88. * Eight of TSX's 10 main groups gain, hefty resource stocks fall. By Alastair Sharp. Canada's main stock index gained on Friday, but the rise was limited by continued weakness in mining and oil and gas shares.

  11. Show article details.

    CANADA STOCKS-TSX steady after volatile week; banks offset resource losses

    Reuters – 11:42 AM ET 08/14/2015

    * TSX up 12.58 points, or 0.09 percent, at 14,250.98. * Six of the TSX's 10 main groups were up. By Solarina Ho. Canada's main stock index was steady on Friday, as investors took a pause following a volatile trading week in which energy and mining stocks were severely battered. The index reversed some of Friday's advances, however, as energy stocks retreated from earlier gains.

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    Embraer's new business jet rolls off Florida line in 2016

    Reuters – 11:18 AM ET 08/07/2015

    Brazilian planemaker Embraer SA said on Friday that the first Legacy 450 jet from a factory in Melbourne, Florida, will roll off the line in December 2016, as the company migrates business jet production there in a bet on the U.S. market.

  13. Show article details.

    Bombardier wins Israel Railways deal for 62 electric locomotives

    Reuters – 8:27 AM ET 08/06/2015

    Canada's Bombardier Inc (BDRAF) has been chosen to supply 62 electric locomotives to Israel for 1 billion shekels, state-owned Israel Railways said on Thursday. Israel is in the middle of a multi-billion-dollar process to electrify the country's 420-km railway system to reduce noise and pollution.

  14. Show article details.

    Thales wins one bln euro contract to upgrade London underground lines

    Reuters – 4:18 AM ET 08/03/2015

    French transport and defence group Thales has won a contract worth one billion euros to upgrade four London Underground lines, including the oldest part of the network. Under the 760 million pound contract, Thales will modernise signalling and train control systems on the Circle, District Metropolitan and Hammersmith & City lines, which make up 40 percent of the network.

  15. Show article details.

    Bombardier Transportation Prepares IPO in Frankfurt

    DJ Business News – 12:55 PM ET 07/31/2015

    BERLIN-Bombardier Inc. (BDRAF)' s Berlin-based rail unit is preparing to float a minority stake by year-end, as it seeks more financial flexibility and a role in industry consolidation, the unit's chief operating officer, Lutz Bertling, said Friday. A final decision on an initial public offering depends on stock market developments in coming weeks, Mr. The unit, Bombardier Transportation, could cancel if the market slumps or peer companies see a steep decline in valuation, he said.

  16. Show article details.

    PRESS DIGEST- Canada - July 31

    Reuters – 7:37 AM ET 07/31/2015

    The following are the top stories from selected Canadian newspapers. THE GLOBE AND MAIL. ** Bombardier Inc (BDRAF) pushed back the commercial launch of its Global 7000 corporate jet by two years as chief executive Alain Bellemare slows the company's output of business aircraft and tries to reset near-term sales expectations for its flagship C Series plane.

  17. Show article details.

    Siemens CEO Recently Met With Bombardier Executive Chairman

    DJ Business News – 4:05 PM ET 07/30/2015

    MUNICH-Siemens AG Chief Executive Joe Kaeser said Thursday that he recently met with the executive chairman of Bombardier Inc. (BDRAF), adding that while Siemens (SMAWF) is "well positioned" in the global train industry, "definitely there is movement and consolidation in that market going forward and we definitely will be very mindful of what can be done there." Both companies are among the world's largest makers of train equipment and are jockeying for position amid consolidation in the...

  18. Show article details.

    Siemens CEO Recently Met With Bombardier Amid Rail Linkup Speculation

    DJ Business News – 3:53 PM ET 07/30/2015

    MUNICH-- Siemens AG Chief Executive Joe Kaeser said Thursday that he recently met with the executive chairman of Bombardier Inc. (BDRAF), adding that while Siemens (SMAWF) is "well positioned" in the global train industry, "definitely there is movement and consolidation in that market going forward and we definitely will be very mindful of what can be done there." Both companies are among the world's largest makers of train equipment and are jockeying for position amid consolidation in the global...

  19. Show article details.

    Bombardier Profit Drops 19%

    DJ Business News – 8:15 AM ET 07/30/2015

    Bombardier Inc. (BDRAF), already plagued by delays in the launch of its new CSeries commercial jet, said it is postponing the introduction of a new business jet as it reported a 6% drop in second-quarter revenue on Thursday. The move signaled that the Canadian plane and train maker's turnaround effort remains a work in progress. The company is betting much of its future growth on the launch of its new CSeries single-aisle commercial jets and its new Global 7000 business aircraft.

  20. Show article details.

    Bombardier delays business jet, shares sink as cash burn rises

    Reuters – 6:47 AM ET 07/30/2015

    Canadian plane and train maker Bombardier Inc (BDRAF) reported lower earnings and sharply higher cash use on Thursday, and pushed back delivery of its new Global business jet, driving down its share price. Bombardier, which has been spending heavily to bring its new CSeries jet into service, used $808 million in free cash flow in the quarter, up from $424 million a year earlier.

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