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Bombardier Inc. T.BBD.A

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

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.


TSX:BBD.A - Post by User

Bullboard Posts
Post by Av8r777on Feb 14, 2013 3:11pm
337 Views
Post# 20990522

Deutsche Bahn sues Bombardier over regional train

Deutsche Bahn sues Bombardier over regional train

 

 
Deutsche Bahn sues Bombardier over regional train issues
1 hour ago by Thomson Reuters
BERLIN, Feb 14 (Reuters) - Deutsche Bahn AG has launched two lawsuits against Canadian trainmaker Bombardier over problems with its regional and city trains, a spokesman for the German rail operator said on Thursday.
 
Industry sources said Deutsche Bahn was seeking damages in the hundreds of millions of euros, while German newspaper Sueddeutsche Zeitung reported it was seeking 160 million euros ($213.46 million).
 
The paper reported that one of the suits, filed with a court in Berlin, related to problems with trains' tilting technology, while the other suit, filed in Munich, was due to issues with brakes.
 
The Deutsche Bahn spokesman declined to comment further. A Bombardier spokesman said he was unable to comment because of "ongoing negotiations".
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