|Bid||4.01 x 0|
|Ask||4.03 x 0|
|Day's Range||3.98 - 4.05|
|52 Week Range||1.96 - 4.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Canada's main stock index rose for the fifth straight day on Wednesday to reach a four-week high, as energy and metal mining companies led broad-based gains, boosted by higher commodity prices. * The Toronto ...
Bombardier will bid on an upcoming New Jersey Transit rail car contract, two sources familiar with the matter said, as the Canadian plane and train maker seeks to boost its North American business after losing ground in the region to rivals. NJ Transit, the largest statewide public transportation system in the United States, has previously said it will order 113 multilevel passenger cars to modernize its aging fleet, which has been criticized for overcrowding and delays. The agency is also considering an estimated 900 more railcars as options, according to the industry sources who spoke on condition of anonymity because the tendering process is private.
Bombardier will bid on an upcoming New Jersey Transit rail car contract, two sources familiar with the matter said, as the Canadian plane and train-maker seeks to boost its North American business after losing ground in the region to rivals. NJ Transit, the largest statewide public transportation system in the United States, has previously said it will order 113 multi-level passenger cars to modernize its aging fleet, which has been criticized for overcrowding and delays. The agency is also considering an estimated 900 more railcars as options, according to the industry sources who spoke on condition of anonymity because the tendering process is private.
MONTREAL/BERLIN (Reuters) - Canadian planemaker Bombardier (BBDb.TO) delivered five CSeries jets in the first quarter and is making progress in tackling delays separate from previously disclosed engine hold-ups in producing its flagship CSeries jets, sources familiar with the matter told Reuters. The delivery data and comments from executives on progress come as Bombardier nears regulatory approval for its planned sale of the delayed CSeries programme to Europe's Airbus (AIR.PA).
(Reuters) - Airbus (AIR.PA) Chief Executive Tom Enders said on Wednesday the planemaker expects deliveries of narrowbody jets once again to be backloaded towards the latter part of the year - possibly ...
The Baltic flag-carrier is building scale through ACMI (Aircraft, Crew, Maintenance and Insurance) contracts in a bid to avoid the fate of its predecessor, Estonian Air.
MONTREAL/SINGAPORE (Reuters) - China's plan to slap tariffs on some U.S.-made planes will hit demand for Gulfstream and Boeing business jets but benefit Canada's Bombardier (BBDb.TO) and other rivals seeking a larger share of Asia's biggest market, jet brokers and analysts said. China's Ministry of Commerce announced plans on Wednesday to place a 25 percent tariff on U.S. aircraft with an "empty weight" of between 15,000 kilograms and 45,000 kilograms amid a trade spat between the nations.
Canada's main stock index fell on Tuesday, weighed down by losses in financial stocks, as diplomatic tensions with Russia weighed on the market sentiment. The United States and many of its allies, including Canada, are expelling more than 100 Russian diplomats in retaliation to a nerve agent attack on a former Russian spy in Britain that they blame on Moscow. Financial sector, which accounts for more than one-third of the weight of the TSX, slipped nearly 27 points, with shares of Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia trailing by more than 0.5 percent each.
Canada on Friday welcomed as a "positive development" in its long ties with Boeing a decision by the U.S. planemaker to end a trade dispute over sales of Bombardier CSeries jets in the United States. Boeing said late on Thursday it will not appeal a U.S. trade commission ruling that allows Bombardier to sell its CSeries in the United States without hefty duties. A Boeing spokesman did not give a reason.
Boeing Co's (BA.N) decision to end its trade case over the sale of Bombardier (BBDb.TO) CSeries jets to U.S. carriers is good news for the aerospace industry and the public, the Canadian plane and train maker said on Friday. Boeing said late on Thursday it will not appeal a U.S. trade commission ruling that allows Bombardier to sell its CSeries in the United States without hefty duties. A Boeing spokesman did not give a specific reason for the company's decision.
Boeing Co (BA.N) will not appeal against the U.S. trade commission ruling that allows Canada's Bombardier Inc (BBDb.TO) to sell its newest jets to U.S. airlines without heavy duties, a Boeing spokesman said on Thursday. The decision by Boeing puts the trade challenge to rest. A Canadian government official who spoke on condition of anonymity said Boeing's decision was "good news".
Canada's main stock index ended sharply lower on Thursday, registering its biggest one-day percentage drop since September 2016, as worries over the threat of trade wars between the United States and China ...
Canada's main stock index fell on Monday to a 10-day low, pressured by a nearly 2 percent drop in energy shares, while technology also lost ground as a plunge in Facebook shares weighed on investor sentiment. ...
South Africa's High Court ruled on Monday that a luxury jet leased by the Gupta family, friends of ousted president Jacob Zuma, should be grounded after the Canadian credit agency that financed the lease cancelled its loan to the Guptas. The three Gupta brothers are at the centre of graft and influence-peddling allegations surrounding Zuma, who was forced from office last month by the ruling African National Congress. Zuma and the Guptas, whose relationship will be the focus of a corruption inquiry led by a top South African judge, have denied any wrongdoing.
The smallest member of Boeing Co's (BA.N) upgraded narrowbody jetliner range, the 138-seat 737 MAX 7, began a maiden flight on Friday, the start of several months of trials before entering service next year, the company said. The shortened 737, designed for hot and high conditions or longer journeys than larger narrowbody jets, took off in sunny weather near Seattle at 10:17 a.m. (1717 GMT), watched by Boeing workers and media. The aircraft is the third and smallest member of Boeing's 737 MAX line-up, but has posted relatively modest sales with fewer than 100 estimated orders out of 4,000 for the MAX family.
Lufthansa (LHAG.DE) has cut its growth plans for the year citing a lack of planes and crew after reporting a 70-percent jump in profit for 2017 on Thursday. The German airline group plans to increase capacity by 9.5 percent this year, down from plans in January for a 12 percent increase. Lufthansa has seen delays to deliveries of the Airbus (AIR.PA) A320neo plane, following engine problems at maker Pratt & Whitney (UTX.N).
Canada's main stock index ended higher on Tuesday as gold and energy companies advanced and as comments from Bank of Canada Governor Stephen Poloz indicated the central bank will remain cautious in its policy decisions. * The Toronto Stock Exchange's S&P/TSX composite index rose 42.35 points, or 0.27 percent, to 15,647.14. * The head of the Bank of Canada said there remains a degree of untapped potential in the Canadian economy, particularly in the labor market, that means the country may be able to generate more growth without higher inflation.
KATHMANDU/DHAKA, March 13 (Reuters) - A Bangladeshi airline said on Tuesday its two pilots aboard the plane that crashed in Nepal killing 49 people had both received special training to land at Kathmandu airport and had successfully handled previous flights. The airline and airport authorities in Kathmandu have blamed each other in the aftermath of Monday's disaster, the Himalayan nation's worst since the 1992 crash of a Pakistan International Airlines aircraft killed 167 people. Flight operator US-Bangla Airlines said it was too early to blame anyone, after a transcript of the pilots' radio conversation with ground control in Kathmandu revealed confusion over the designated runway.
Unlike Boeing's last all-new design, the 787 Dreamliner, its proposed new mid-market plane will not bring a flood of revolutionary technical designs to the drawing board. Along with production costs, the new approach could help Boeing decide whether to invest the $15 billion (10.79 billion pounds) or more in development needed to build the jet. "If we decide to launch, it's a big investment and it's an investment that has to contemplate not only the product itself but all of our other strategic objectives," Chairman and Chief Executive Dennis Muilenburg told Reuters.
A Bangladeshi aircraft carrying 67 passengers and four crew crashed on Monday while coming in to land at the airport in the Nepali capital, Kathmandu, an airport official said, adding that 17 people on board had been rescued. The state of the other people on the flight from the Bangladeshi capital, Dhaka, operated by US-Bangla Airlines, was not clear, airport spokesman Birendra Prasad Shrestha said. Details are awaited," he said, adding that the airport had been shut down and all other flights diverted.
Export credit agency UK Export Finance said the financing for jets being delivered to Korean Air would support jobs in Belfast, where the Canadian planemaker operates a state-of-the-art wings plant. The move comes weeks after Bombardier won a shock reprieve from severe U.S. import duties on the 110-130-seat CSeries when a U.S. tribunal ruled Boeing had failed to prove it had been harmed by low prices of CSeries sold to Delta Air Lines.
With its new long-range business jet just preparing to take flight, Bombardier (BBDb.TO) is banking on sales of new products and maintenance packages to help it drive promised double-digit revenue growth for its aftermarket service business this year. Bombardier, which considered bankruptcy in 2015 after facing a cash-crunch, is in the middle of an aggressive turnaround plan that leans on the delivery of its new long-range, Global 7000 business jet to achieve a 25 percent jump in total company revenues to $20 billion by 2020, compared with 2017. The Canadian company expects its business jet division will, by year's end, maintain 35 percent of the 4,700 in-service jets it has sold over the years, up from 25 percent in 2017, according to Bill Molloy, vice president, aftermarket sales and commercial strategy of Bombardier's business jet division.
With its new long-range business jet just preparing to take flight, Bombardier is banking on sales of new products and maintenance packages to help it drive promised double-digit revenue growth for its aftermarket service business this year. Bombardier, which considered bankruptcy in 2015 after facing a cash-crunch, is in the middle of an aggressive turnaround plan that leans on the delivery of its new long-range, Global 7000 business jet to achieve a 25 percent jump in total company revenues to $20 billion by 2020, compared with 2017. The Canadian company expects its business jet division will, by year's end, maintain 35 percent of the 4,700 in-service jets it has sold over the years, up from 25 percent in 2017, according to Bill Molloy, vice president, aftermarket sales and commercial strategy of Bombardier's business jet division.
Middle East budget carrier Air Arabia (AIRA.DU) will add more destinations and could order around 100 narrow-body aircraft this year, thanks to rising demand in Egypt and other hubs, Chief Executive Adel Ali said on Wednesday. The expansion from the United Arab Emirates' only publicly listed airline comes amid rising oil prices and after a year in which Air Arabia's profit increased 30 percent to a record 662 million dirhams (129.7 million pounds), as it flew more passengers and operated more routes. The airline is considering placing new orders for the first time in several years to support future growth.
Canada's main stock index finished flat on Tuesday as gains in gold producers were offset by weakness in energy shares and as global equities markets were supported by signs North Korea is willing to hold talks with the United States. * The Toronto Stock Exchange's S&P/TSX composite index ended up 3.91 points, or 0.03 percent, at 15,545.19. * South Korea said the North will also suspend nuclear tests while talks with the United States are underway.