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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 zimmeeon Dec 07, 2018 9:59am
118 Views
Post# 29081606

November article on New Jersey Rail Contract:

November article on New Jersey Rail Contract:https://www.reuters.com/article/bombardier-new-jersey/bombardier-in-lead-for-999-car-new-jersey-rail-contract-sources-idUSL2N1XU19S

NEWS

NOVEMBER 20, 2018 / 1:04 PM / 17 DAYS AGO

Bombardier in lead for 999-car New Jersey rail contract -sources

 

 

Allison Lampert

2 MIN READ

 

MONTREAL, Nov 20 (Reuters) - Canada’s Bombardier Inc is the front-runner to win a New Jersey Transit (NJT) rail car contract, two sources familiar with the matter said, in a boost for the plane-and-train-maker’s North American business which has wrestled with delivery delays and has lost orders to rivals.

The order for up to 999 multilevel passenger cars, including options, would be one of the largest contracts in years if most of the options are exercised, one of the sources said.

Chinese state rail giant CRRC Corp was also vying for the contract. NJT ruled out the competing bid from the Chinese company, the sources said, although it was not immediately clear why.

CRRC and NJT did not respond to requests for comment.

A Bombardier spokesman declined to comment on what he called an “ongoing procurement.”

Reuters reported in April that Bombardier was vying for the contract from NJT, which planned to order 113 multilevel passenger cars, with hundreds more in options, to modernize its aging fleet. (Reporting By Allison Lampert in Montreal; Additional reporting by Brenda Goh in Shanghai; editing by Denny Thomas and Grant McCool)

Our Standards:The Thomson Reuters Trust Principles.

 


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