BDRBF - Bombardier Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
1.6000
-0.0295 (-1.81%)
At close: 3:51PM EDT
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Previous Close1.6295
Open1.6700
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.6000 - 1.6700
52 Week Range1.2100 - 3.9900
Volume154,178
Avg. Volume221,498
Market Cap3.787B
Beta (3Y Monthly)1.63
PE Ratio (TTM)10.19
EPS (TTM)0.1570
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2014-12-10
1y Target Est2.85
Trade prices are not sourced from all markets
  • Tanzania to buy new Airbus, Bombardier planes for national carrier
    Reuters4 days ago

    Tanzania to buy new Airbus, Bombardier planes for national carrier

    Tanzania's government will buy two new Airbus jets and one plane from Bombardier Inc as part of a fleet expansion plan for the national flag carrier, the president said on Thursday.     President John Magufuli has personally taken charge of the revival of Tanzania's loss-making state carrier Air Tanzania Company Limited (ATCL), spending hundreds of millions of dollars purchasing eight new planes since 2016.

  • Reuters4 days ago

    CORRECTED-Tanzania to buy new Airbus, De Havilland planes for national carrier

    Tanzania's government will buy two new Airbus jets and one plane from De Havilland Canada as part of a fleet expansion plan for the national flag carrier, the president said on Thursday. President John Magufuli has personally taken charge of the revival of Tanzania's loss-making state carrier Air Tanzania Company Limited (ATCL), spending hundreds of millions of dollars purchasing eight new planes since 2016. President Magufuli "has already issued instructions for the purchase of three additional planes (two Airbus jets and one De Havilland) to expand air services and improve tourism," the president's office said in a statement.

  • GlobeNewswire7 days ago

    Bombardier’s Multi-Award-Winning Global 7500 Jet Reaches New Heights in the Heart of the Swiss Alps

    Global 7500 aircraft is the most spacious purpose-built business jet to operate out of Gstaad’s Saanen airport in Switzerland, where it was on display earlier this month before.

  • Reuters11 days ago

    PRESS DIGEST- Canada - July 11

  • GlobeNewswire14 days ago

    Bombardier Transportation receives order for Rolling Stock

    BERLIN, July 08, 2019 -- Mobility technology leader Bombardier Transportation announced today that it has signed a contract variation for rolling stock at the end of June 2019.

  • Bombardier Sells Its Final Commercial Aircraft Program
    Motley Fool22 days ago

    Bombardier Sells Its Final Commercial Aircraft Program

    Mitsubishi Heavy Industries will buy the remnants of the CRJ regional jet program in order to gain control of Bombardier's global sales, service, and support networks.

  • GlobeNewswire26 days ago

    Bombardier wins ten-year APM operations and maintenance contract in California

    Mobility technology leader Bombardier Transportation announced today that it has signed a new contract with the City and County of San Francisco to provide ten years of operations and maintenance services for the BOMBARDIER INNOVIA APM 100 automated people mover (APM) system at San Francisco International Airport (SFO). The contract is valued at $220 million US (193 million euro) and includes an option for an additional five years.

  • Bombardier Caps Commercial-Jet Exit With CRJ Sale to Mitsubishi
    Bloomberg27 days ago

    Bombardier Caps Commercial-Jet Exit With CRJ Sale to Mitsubishi

    (Bloomberg) -- Bombardier Inc. is selling its regional-jet business to Mitsubishi Heavy Industries Ltd., ending the Canadian company’s foray into commercial aircraft after more than three decades.Mitsubishi agreed to pay $550 million for the maintenance, support, marketing and sales operations of the aging CRJ program, the companies said Tuesday. The Tokyo-based manufacturer, which is developing the first Japanese-built airliner since the 1960s, will also assume liabilities of about $200 million.The deal caps a multiyear overhaul for Bombardier, which until recently had ambitions to challenge Boeing Co. and Airbus SE with an all-new single-aisle jetliner. As the so-called C Series plane suffered from delays and cost overruns, Chief Executive Officer Alain Bellemare unloaded that program and a turboprop line after taking the helm in 2015 and refocused Bombardier on business jets and passenger trains.“It was very clear when I came in 2015 that commercial was kind of a drag on Bombardier,” Bellemare said in an interview. “We had a very strong business-aircraft franchise, and now that we’ve addressed all the pieces of the commercial side, it’s a good moment.”Bombardier rose 3.2% to C$2.26 at 1:35 p.m. in Toronto, the second-biggest gain on Canada’s benchmark S&P/TSX index. The announcement was made after the market close in Japan.SpaceJet DebutWith the transaction, Mitsubishi gains an experienced engineering corps and a global-sales and support organization to help market its nascent jet lineup as the unprofitable CRJ winds down over the next year and a half. Mitsubishi is rolling out a roomier regional-aircraft line dubbed the SpaceJet, and it highlighted a new, lighter 76-seat model at last week’s Paris Air Show.Mitsubishi has spent at least $2 billion developing its initial plane, originally known as the MRJ, which has battled delays and slow sales due to its heavy weight that violated restrictions in U.S. pilot union contracts. The company, which sees global demand for more than 5,000 regional jets over the next two decades, is seeking to snare sales away from Embraer SA, particularly for U.S airlines.Boeing has close ties to both planemakers. Mitsubishi, a longtime industrial partner, has hired several former executives of the U.S. manufacturer and opened a flight-testing center near a Boeing operation in Moses Lake, Washington.The U.S. aerospace giant is taking over Embraer’s commercial-jet division, including a plane with its own weight issues. Embraer’s upgraded E2 line has an aircraft with as many as 146 seats.‘Turnaround Journey’The Mitsubishi deal follows a move last year by Bombardier to hand control of its C Series jetliner program to Airbus, which renamed the plane the A220. Bombardier this year completed the sale of its Q400 turboprop program to De Havilland Aircraft of Canada Ltd.“It feels good to get this done four years into the turnaround journey,” Bellemare said.The Mitsubishi deal gives Bombardier “a fair price for a program that was winding down,” said Cam Doerksen, an analyst with National Bank Financial. “It was a good outcome for Bombardier.”After the deal closes, Montreal-based Bombardier will assemble CRJ planes at a factory in Mirabel, Quebec, working off the order backlog on behalf of Mitsubishi. Bombardier will also supply spare parts for the plane, which is expected to end production in the second half of next year, the companies said.Bombardier has 1,600 employees at the factory, said spokesman Olivier Marcil. Of those, three quarters will join Mitsubishi while the rest remain to carry out the current CRJ production run. “We don’t expect to cut any factory jobs in the short term,” Marcil said.Mitsubishi will assume Bombardier’s interest in a regional-jet securitization program, which is valued at about $180 million. Bombardier will retain liabilities representing part of credit and residual-value guarantees totaling approximately $400 million.\--With assistance from Julie Johnsson.To contact the reporters on this story: Richard Clough in New York at rclough9@bloomberg.net;Jack Pitcher in New York at jpitcher2@bloomberg.netTo contact the editors responsible for this story: Brendan Case at bcase4@bloomberg.net, Tony RobinsonFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi
    Reuters27 days ago

    Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

    Montreal-based Bombardier has been selling off its weaker-performing commercial plane programs aimed at airlines to focus on profitable business jets and passenger rail cars. In an interview, Bombardier Chief Executive Alain Bellemare said some proceeds would be used to reduce debt. Bombardier has an additional $400 million liability from residual value guarantees provided to airlines on the regional jet program.

  • Reuters27 days ago

    UPDATE 7-Bombardier exits commercial aviation with sale of regional jet business to Mitsubishi

    Bombardier Inc said it will sell its money-losing regional jet business to Japan's Mitsubishi Heavy Industries Ltd (MHI) for $550 million in cash, in a deal marking the Canadian plane and train maker's exit from commercial aviation. Under the agreement, the Japanese firm will take over $200 million in liabilities, but receive Bombardier's estimated $180 million interest in a financing structure it created to support aircraft leasing. Mitsubishi Heavy shares fell 1.5% as Asian markets started trading, while the broader market was down 0.5%.

  • GlobeNewswire27 days ago

    Mitsubishi Heavy Industries to Acquire Canadair Regional Jet Program from Bombardier Inc.

    TOKYO and MONTRÉAL, June 25, 2019 (GLOBE NEWSWIRE) -- Mitsubishi Heavy Industries, Ltd (MHI) (7011.T) and Bombardier Inc (BBD-B.TO) announced today they have entered into a definitive agreement, whereby MHI will acquire Bombardier’s regional jet program for a cash consideration of $550 million USD, payable to Bombardier upon closing, and the assumption by MHI of liabilities amounting to approximately $200 million USD. Under the agreement, Bombardier’s net beneficial interest in the Regional Aircraft Securitization Program (RASPRO), which is valued at approximately $180 million USD, will be transferred to MHI. Pursuant to the agreement, MHI will acquire the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services and support network located in Montréal, Québec, and Toronto, Ontario, and its service centres located in Bridgeport, West Virginia, and Tucson, Arizona, as well as the type certificates.

  • GlobeNewswirelast month

    Bombardier to supply 30 additional FLEXITY Trams to Brussels Transportation Company

    Mobility technology leader Bombardier Transportation has received an order to supply 30 additional BOMBARDIER FLEXITY trams to the Brussels Intercommunal Transportation Company (STIB) in Belgium. Thomas Ryckalts, President of the STIB Board, said, “After a first order for 60 new trams, the STIB board took a decision in favor of our passengers by ordering 30 additional trams.

  • GlobeNewswirelast month

    Bombardier announces expansion of its U.S. footprint in California

    Mobility solution provider Bombardier Transportation announced today that it is opening a rail car assembly site in Pittsburg, California. Elliot G. (Lee) Sander, President, Americas Division, Bombardier Transportation was joined by federal, state and local California officials and San Francisco Bay Area Rapid Transit District (BART) General Manager Grace Crunican at the site for the official announcement.

  • Reuterslast month

    UPDATE 1-Mitsubishi Aircraft unveils SpaceJet brand, revamped version of smaller jet

    Japan's Mitsubishi Aircraft Corp rebranded its MRJ family jets to be called the "SpaceJet" and unveiled a redesigned version of the smaller jet to help improve its sales prospects in the large U.S. market. The SpaceJet M100, the revamped version of the MRJ70, will now have up to 76 seats in a typical U.S. cabin configuration rather than the earlier 69 seats, the company said on Thursday, making it a more attractive offering for regional carriers with contracts to major carriers. The larger SpaceJet M90, renamed from MRJ90, is too big for U.S. regional carriers to fly without the relaxation of pilot union rules, an unlikely prospect due to a pilot shortage that has given unions more bargaining power.

  • Reuterslast month

    UPDATE 1-Quebec will not invest in Bombardier's regional jet program -economy minister

    Quebec's economy minister said on Monday his government has ruled out investing in Bombardier Inc's weak-selling regional jet program, which could be sold to Japan's Mitsubishi Heavy Industries Ltd. Economy Minister Pierre Fitzgibbon said his government is taking steps to protect jobs within the Canadian province's aerospace sector, but he will not invest billions of taxpayer dollars to boost sales of the regional jet program which is assembled near Montreal. The Quebec government previously invested $1 billion for a stake in Bombardier's flagship narrowbody jet program, which is now owned by Europe's Airbus SE.

  • Quebec will not invest in Bombardier's regional jet program: economy minister
    Reuterslast month

    Quebec will not invest in Bombardier's regional jet program: economy minister

    Quebec's economy minister said on Monday his government has ruled out investing in Bombardier Inc's weak-selling regional jet program, which could be sold to Japan's Mitsubishi Heavy Industries Ltd. Economy Minister Pierre Fitzgibbon said his government is taking steps to protect jobs within the Canadian province's aerospace sector, but he will not invest billions of taxpayer dollars to boost sales of the regional jet program which is assembled near Montreal. The Quebec government previously invested $1 billion for a stake in Bombardier's flagship narrowbody jet program, which is now owned by Europe's Airbus SE.

  • Bloomberglast month

    Industrial Pressure Points Pile Up in Trade War

    Mexico’s foreign minister, Marcelo Ebrard, traveled to Washington this week to persuade the Trump administration to drop its plan to impose sweeping 5% tariffs on imports from the country. Separately, Trump said he would decide whether to put tariffs on the $325 billion of Chinese imports that haven’t yet been targeted after meeting with President Xi Jinping later this month at the G-20 summit.

  • GlobeNewswire2 months ago

    Bombardier to provide 74 additional TWINDEXX Vario double-deck coaches to Israel Railways

    Mobility solution provider Bombardier Transportation has signed a contract to provide 74 additional BOMBARDIER TWINDEXX Vario double-deck coaches to Israel Railways (ISR). Michael Fohrer, President Central and Eastern Europe and Israel at Bombardier Transportation said, “We are very proud to have signed a seventh consecutive order with Israel Railways, a result of exemplary collaboration and customer satisfaction.

  • GlobeNewswire2 months ago

    Bombardier Statement on CRJ Program

    Bombardier has recently stated it would explore strategic options for the CRJ Program. From time to time, this may lead to discussions with potential counterparties. While Bombardier does not generally comment publicly on market speculation or rumors, in light of recent media reports, Bombardier believes it is prudent to advise stakeholders that it is in discussions with Mitsubishi Heavy Industries, Ltd. with respect to its CRJ Program.

  • GlobeNewswire2 months ago

    Bombardier Recognized Among Top 5 Canadian Corporate Leaders in Sustainability

    Listed in the Best 50 Corporate Citizens in Canada by Toronto-based media and research company Corporate Knights Inc.Bombardier’s innovation capacity, high safety standards and.

  • GlobeNewswire2 months ago

    Hitachi and Bombardier Will Supply 14 Very High-Speed Frecciarossa 1000 Trains To Italy

    Hitachi Rail SpA and Bombardier Transportation, in a partnership expected to involve company participation of 60% and 40% respectively, will supply 14 Frecciarossa 1000 (also known as ETR 1000) very high-speed trains to Trenitalia (Italian Railways), as well as a ten years maintenance service agreement for the new trains. The contract overall value is around 575 million euros ($ 643 million US) with the Bombardier share valued at 233 million euros ($261 million US) and the Hitachi share valued at 342 million euros ($382 million US).

  • GlobeNewswire2 months ago

    Bombardier Concludes Sale of the Q Series Aircraft Program to Longview

    MONTRÉAL, June 03, 2019 -- Bombardier (TSX: BBD.B) confirmed today the closing of the previously announced sale of the Q Series aircraft program assets to De Havilland.

  • Reuters2 months ago

    Bombardier consortium named preferred bidder for $3.4 bln Egypt monorail

    Bombardier Inc said its consortium has been named as Egypt's preferred bidder for a 3 billion euro ($3.4 billion) contract to build a monorail link out of Cairo, part a flagship project of President Abdel Fattah al-Sisi. If confirmed, it would be the largest project in recent years for Bombardier's rail division, the group's biggest business, which has recently faced challenges, and it would likely create jobs in the UK where the Canadian company builds rolling stock. Bombardier said in a statement that Bombardier Transportation had teamed up with two Egyptian companies - Orascom Construction and the Arab Contractors - to bid for the contract to build a 54-kilometre (34-mile) monorail system connecting a new capital city with eastern Cairo.