Bombardier Aerospace

July 15, 2008 - 10:33am

Bombardier Aerospace yesterday signed a contract with China’s Shenyang Aircraft Corp. (SAC) to supply the center fuselages for the newly launched C-Series family of single-aisle airliners.

The contract between Bombardier and SAC is an integral part of the relationship with the state-owned aviation-industrial entity China Aviation Industry Corp. (AVIC I), of which SAC is a subsidiary.

July 13, 2008 - 10:14am

Bombardier announced here yesterday the long-anticipated launch of its C-Series family of single-aisle airliners. The company also revealed that final assembly will occur in Mirabel, Quebec, laying to rest any speculation that production would move south of the U.S.-Canada border, specifically to Kansas City. Bombardier president and CEO Pierre Beaudoin called it “an historic day for Bombardier.”

July 11, 2008 - 6:35am

Heartened by a recent WTO ruling against Canada for its support of Bombardier CRJ sales, Brazil’s Embraer has now turned its attention to its European competition, accusing the German government of illegally subsidizing the development of Fairchild Dornier’s 728 and 928 programs.

July 7, 2008 - 6:57am

Pierre Beaudoin’s reign as Bombardier president and CEO began on June 4. The younger Beaudoin succeeded his father, Laurent–who will remain chairman of the board of directors–as the head of the Canadian transportation giant.

July 3, 2008 - 5:34am

“A strong market for strong products” is driving growth at Bombardier Aerospace, according to president and chief executive officer Pierre Beaudoin. The Canadian group is increasing its 27,000-strong workforce even as it faces the challenge of achieving earnings growth targets subject to currency exchange fluctuations that have led it to outsource more work to lower-cost partners.

July 3, 2008 - 4:54am

While other major manufacturers are struggling to find the right production organization or have spent years changing their minds about what product to launch next, Embraer has been quietly reaping the fruits of a sound management strategy, according to independent financial analysts.

July 1, 2008 - 11:56am

Zurich, Switzerland-based VistaJet Holding today announced that it has signed a definitive agreement to acquire Bombardier Aerospace’s Skyjet International, a “global business jet charter service,” for an undisclosed amount. Skyjet has offices in London, Hong Kong and Dubai. According to VistaJet, the deal propels the charter firm to the number-two position outside North America and allows it to expand operations worldwide.

June 30, 2008 - 6:25am

Among all the factors that influence a buyer’s decision to purchase one business jet over another, brand loyalty is well recognized as one of the strongest. Citation owners, looking to replace or add another steed to their stables, usually buy another Citation. Falcon owners, for the most part, buy another Falcon. And Gulfstream owners generally buy Gulfstreams.

June 20, 2008 - 5:57am

Bombardier has cut aircraft production figures for the current 2001-02 financial period in reaction, it said, to the economic crisis sparked by the September 11 terrorist attacks on the U.S.

June 5, 2008 - 11:24am

The business jet industry “remains strong,” according to newly appointed Bombardier president and CEO Pierre Beaudoin, who released first quarter financial results during an investors conference call yesterday. Revenues for Bombardier Aerospace increased 5 percent, from $2.26 billion in the first fiscal quarter last year to $2.38 billion in the same period this year.

 
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