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TSP:BBD.B, Jan 21, 04:38 UTC

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What's Ahead for BOMBARDIER INC CLASS B SHARES CANADA (OTCMKTS:BDRBF) After Less Shorted Shares?

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The stock of BOMBARDIER INC CLASS B SHARES CANADA (OTCMKTS:BDRBF) registered a decrease of 58.54% in short interest. BDRBF’s total short interest was 13.08M shares in January as published by FINRA. With 1.05M shares average volume, it will take short sellers 12 days to cover their BDRBF’s short positions. Bombardier Inc. (OTCMKTS:BDRBF) has 0.00% since January 20, 2018 and is .

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Friday, January 18


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Bombardier says on track to solve Swiss train problems -paper

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Bombardier says on track to solve Swiss train problems -paper. ZURICH, Jan 18 (Reuters) - Bombardier is making progress resolving problems with double-decker passenger trains which have drawn criticism from buyer Swiss Federal Railways (SBB), the company's Swiss country chief has told a local newspaper. SBB, in its largest ever order for rolling stock, in 2010 agreed to pay around 1.9 billion Swiss francs ($1.91 billion) for 62 trains. Stephane Wettstein, who runs Bombardier's Swiss business, told the Aargauer Zeitung that the trains' reliability had improved considerably in recent weeks.

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Thursday, January 17


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Bombardier Appoints Peter Bromby as Vice President, Worldwide Sales, Learjet Aircraft Toronto Stock Exchange:BBD.A

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A seasoned professional with more than 20 years of experience in aviation sales, Peter has held a number of key roles in his career. Given his impressive vision, leadership and experience, he will bring a strong sales focus on the Learjet70 and Learjet75 – key pillars of the Bombardier Business Aircraft’s industry-leading portfolio,” said Peter Likoray, Senior Vice President, Worldwide Sales and Marketing, Bombardier Business Aircraft. Bombardier’s Learjet program is one of business aviation’s greatest success stories, with more than 2,200 Learjet aircraft flying around the world, from the Learjet23 to the Learjet75. Bombardier, Learjet, Learjet 23, Learjet 70 and Learjet 75 are trademarks of Bombardier Inc. or its subsidiaries. For Information Matthew Nicholls Bombardier Business Aircraft + 1 514-243-8214. matthew.nicholls@aero.bombardier.com.

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Bombardier Selects Triumph for A320neo Nacelle Components

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Triumph Group, Inc. (NYSE: TGI) announced today that its Integrated Systems business unit will provide nacelle components for Bombardier Belfast in support of their thrust reverser units for the Geared Turbo Fan powered A320neo aircraft. “Our customers value our demonstrated experience and deep understanding of the requirements needed to design and manufacture nacelle components that enhance the operation of their products,” said Frank Dubey, executive vice president for Triumph Integrated Systems. Triumph Integrated Systems is an industry leading provider of hydraulic and mechanical actuation. The agreement, which incorporates multiple product lines demonstrates how Triumph’s diverse companies work together as One Triumph to provide single source solutions for customers through the complete product lifecycle.

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Wednesday, January 16


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Bombardier CEO sees decision on loss-making CRJ jet this year

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U.S. Bombardier CEO sees decision on loss-making CRJ jet this year. (Reuters) - Bombardier Inc (BBDb.TO) aims to make a decision this year on the future of its CRJ regional jet as it "aggressively" pursues new orders to secure its industrial future, the Canadian planemaker's chief executive said on Wednesday. The company is exploring "all strategic options" for the loss-making program including a potential sale, but its immediate focus is to win orders and cut costs, CEO Alain Bellemare told Reuters. Asked whether Bombardier would reach a decision this year, he said, "I hope so, for sure. The more certainty we can provide the better but we are getting good traction". Bombardier, which had struggled to keep pace with the huge cash demands of a new aircraft program, later sold its older Q400 turboprop program and announced a review of the 20-year-old CRJ series.

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Airbus starts work on A220 assembly line six months after Bombardier sold jet

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Airbus starts work on A220 assembly line six months after Bombardier sold jet. MONTREAL — Airbus SE broke ground Wednesday on the A220 aircraft assembly line at its facility in Mobile, Ala., the first step in a US$300-million construction project paid for by Bombardier Inc. That amount makes up a chunk of the US$925 million the Quebec plane-and-train maker could shell out by the end of 2021 under a partnership that saw Airbus take control of the C Series — now known as the A220 — last July without paying a penny. The event took place at the Airbus plant in Alabama, where assembly of the popular A320 passenger jet is already underway. Production of the narrow-body A220 is expected to start in the third quarter, whether or not plant construction is complete, in order to make the first deliveries in 2020.

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Tuesday, January 15


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Bombardier’s Francilien and OMNEO/Regio 2N trains receive the official ‘Guaranteed French Origin’ label Toronto Stock Exchange:BBD.A

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From left to right: Jacques Perdriel, Director of Projects, Rolling Stock Direction SNCF, Laurent Bouyer, President, Bombardier Transport France and Yves Jego, President of the Pro France Association. This is a recognition of the know-how of our Crespin site employees and our commitment towards our clients, passengers, and the French rail industry sector. Since Bombardier’s establishment in Crespin (North) 30 years ago, we have shown our dedication to France, in terms of rail innovation, economic returns and local employment’, said Laurent Bouyer, President, Bombardier Transportation France. In addition, this train contributes to the line’s high punctuality, thanks to onboard predictive technologies. Since 2006, Ile-de-France Mobilités has ordered 360 Francilien trains through SNCF. The product takes its essential characteristics in France (that is, all the processing steps are carried out there). For the consumer, it offers the ability to know the French origin of a product and therefore to ability to choose a product in full transparency. For companies, this is the way to promote the support, development or return of productive activities in France in an efficient way, both on the domestic and export markets.

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Monday, January 14


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Triumph to Provide Complex Structural Forms for Bombardier Thrust Reversers on A320neo

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Triumph Group, Inc. (TGI) announced today that it will provide structural formed skins for the Bombardier thrust reversers to be fitted on Geared Turbo Fan powered A320neo aircraft. Triumph’s Fabrications business based out of Hot Springs, Arkansas will produce structural skins for the thrust reversers using metal-forming techniques. This win provides our Fabrications business with the opportunity to provide value-added support for the Bombardier thrust reverser program by utilizing our unique capabilities and expertise through the initial design and test phase and for the course of this long-term, high volume program,” said Pete Wick, executive vice president of Triumph Aerospace Structures. Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerospace and defense systems, components and structures.

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Wednesday, January 09


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Bombardier secures US$669M New Jersey rail contract

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After a rough end to 2018 that saw its stock tumble to lows not seen since 2016, Bombardier Inc. began the new year securing a US$669 million contract for a rail project with New Jersey Transit. The Montreal-based plane and train maker announced Wednesday that it has signed a contract to supply 113 of its Multilevel III commuter rail cars for New Jersey Transit, with an option for up to 886 additional cars. “We are privileged to have been a partner with NJ TRANSIT since 1980 and are pleased to have this opportunity to continue to work together,” Bombardier Transportation’s Americas president Elliot G. (Lee) Sander said in a statement. Bombardier said the New Jersey contract will yield no additional work in Canada, with Buy American rules prompting Bombardier’s plant in Plattsburgh, N.Y., to build the multi-level cars, rather than its facility in Quebec.

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Bombardier to supply new generation of passenger rail cars for New Jersey

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BERLIN, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Global mobility provider Bombardier Transportation announced today that it has signed a contract for 113 Multilevel III commuter rail cars with the New Jersey Transit Corporation (NJ TRANSIT). “We are privileged to have been a partner with NJ TRANSIT since 1980 and are pleased to have this opportunity to continue to work together as NJ TRANSIT embarks on its comprehensive initiative to improve the customer experience,” said Elliot G. (Lee) Sander, President, Americas Region, Bombardier Transportation. Pierre-Yves Cohen, President, responsible for products and engineering at Bombardier Transportation, added, “We are confident that our new Multilevel III cars, with their enhanced technical features and passenger amenities, will provide exceptional service and meet passengers’ evolving expectations. The range of new features on the Multilevel III cars will include: color infotainment screens that display real-time information about stations and connections; USB charging ports located at comfortable 2x2 seats; an onboard video surveillance system for increased security; wider vestibules for improved wheelchair accessibility; new bicycle racks; an intelligent LED lighting system with automatic brightness control; and motorized restroom doors for easier access for all passengers.

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