MONTREAL — Bombardier’s new CEO said Friday the transportation giant won’t sell assets at “fire sale” prices to tackle its financial challenges, which have been accentuated by higher spending on its CSeries commercial aircraft. 44 more words
Tags » Bombardier
By Frederic Tomesco
Bombardier Inc. delayed the delivery of the struggling CSeries jetliner again, targeting 2016 for the plane’s commercial debut after previously predicting that its flagship model would be in service by the end of this year. 242 more words
SÃO JOSÉ DOS CAMPOS, Brazil — The battle for global regional jet supremacy is over.
Embraer, the feisty Brazilian aircraft maker, has won a huge victory worth tens of billions of dollars, crushing Bombardier, its beleaguered Canadian rival. 931 more words