Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc. > Bombardier launches major investment plan to modernize and i

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Comment by stockitnowon Jan 26, 2021 9:56am

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RE:Bombardier launches major investment plan to modernize and i

I dont understand the timing of this news release. Its not going to help Bombardier and wont make a difference to Alstom. Unless they made this to show that it was Bombardier which invested not Alstom. But again Bombardier gets nothing out of this good will news.

Shamhorish wrote:

Bombardier launches major investment plan to modernize and increase production capacity of its factory in Bruges

The increase in production capacity as well as the modernization of the Bombardier site in Bruges, will be funded by an investment of more than six million euro

This investment plan supports the hiring of at least 180 additional employees

Direct investments in our suppliers, to support the production increase, are also part of the funding

BERLIN, Jan. 26, 2021 (GLOBE NEWSWIRE) -