May 2, 2019, © Leeham News: Bombardier today reported its first quarter earnings, which were lower than originally expected by analysts and previewed last week. But the big news are plans to sell its Belfast, Northern Ireland, wing… Read More
Posted on May 2, 2019 by Scott Hamilton
Jan. 16, 2019, © Leeham News, Mobile (AL): Groundbreaking for the Airbus A220 final assembly line today might be viewed as a bittersweet moment for Alain Bellemare, CEO on Bombardier, designer of the C Series. The program nearly… Read More
Posted on January 16, 2019 by Scott Hamilton
Feb. 16, 2017: Bombardier today posted better than expected results (even on lower revenue) for the fourth quarter and full year. Goldman Sachs was first out with reaction among the analyst reports LNC receives: Bombardier (Neutral) reported stronger-than-expected 4Q16… Read More
Posted on February 16, 2017 by Scott Hamilton
Nov. 10, 2016, (c) Leeham Co.: Bombardier reported 3Q2016 and nine months results reflecting lower revenues as downsizing businesses and cost-cutting took effect. Revenues for the current quarter were $3.7bn vs $4.1bn. For the nine months, revenues were… Read More
Posted on November 10, 2016 by Scott Hamilton
April 28, 2016: “Our turnaround plan is gaining traction,” said Alain Bellemare, BBD CEO, to lead off the first quarter earnings report for Bombardier. “This is a big win for Bombardier,” he said. “This is a strong endorsement for… Read More
Posted on April 28, 2016 by Scott Hamilton
Subscription required Introduction Feb. 22, 2016, © Leeham Co.: The large order (Letter of Intent) last week by Air Canada for 45 firm and 30 option CS300s was welcome news for Bombardier. And the LOI from the US… Read More
Posted on February 22, 2016 by Scott Hamilton
Feb. 17, 2016: The long drought is over. Air Canada has ordered up to 75 Bombardier C Series.The press conference is at 11am EST today. These will replace 25 Embraer E-190s. BBD now has orders and commitments for… Read More
Posted on February 17, 2016 by Scott Hamilton
Oct. 29, 2015: “I feel confident in our liquidity going forward,” following the investment by the Quebec government of $1bn in the CSeries program, says Alain Bellemare, president and CEO. With that, Bombardier launched its third quarter earnings call. Cancellation of… Read More
Posted on October 29, 2015 by Scott Hamilton
Oct. 29, 2015: Bombardier today announced a US$3.2bn charge against the CSeries program and a $1bn investment from the province of Quebec, about half of what had been rumored, with its 3Q2015 earnings. The press release is here…. Read More
Posted on October 29, 2015 by Scott Hamilton
Pontifications: The Airbus North America Tour
Jan. 21, 2019, © Leeham News: Last week’s Airbus North America Tour (#AirbusNATour on Twitter) was a whirlwind 2 ½ days encompassing Montreal Mirabel, Columbus (MS) and Mobile (AL). To those who don’t follow Airbus Americas closely, the… Read More
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Posted on January 21, 2019 by Scott Hamilton
Airbus, Airfinance Journal, Bombardier, CSeries, Leeham News and Analysis, Leeham News and Comment, Pontifications
A220, A319, Air Canada, Airbus, Airbus helicopters, Alain Bellemare, Bombardier, C Series, Leeham News and Analysis, MRTT