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Bombardier Inc. (BBD-B.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.3350-0.0100 (-2.90%)
As of 3:14PM EDT. Market open.
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Previous Close0.3450
Open0.3450
Bid0.3350 x 0
Ask0.3400 x 0
Day's Range0.3300 - 0.3475
52 Week Range0.3300 - 2.1500
Volume6,755,003
Avg. Volume5,180,892
Market Cap825.681M
Beta (5Y Monthly)2.05
PE Ratio (TTM)N/A
EPS (TTM)-1.0370
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateDec. 10, 2014
1y Target Est0.40
  • Uncertainty rises around half-billion-dollar sale of Bombardier plants to Spirit
    The Canadian Press

    Uncertainty rises around half-billion-dollar sale of Bombardier plants to Spirit

    MONTREAL — Uncertainty continues to mount around the US$500-million sale of Bombardier Inc.'s aerostructures business to Spirit AeroSystems, as the Kansas-based company warns that a failed transaction could pave the way for a legal dispute with the Quebec plane maker.Spirit filed documents with U.S. regulatory authorities Tuesday confirming that the deal may not close by the end date of Oct. 31, which its says could prompt litigation from Bombardier.The filing to the U.S. Securities and Exchange Commission comes one week after Spirit submitted forms stating the agreement will automatically terminate if conditions, which include no major adverse changes to the business, are not satisfied before November.Bombardier spokesman Olivier Marcil says the two companies are still working to meet the closing conditions and complete the transaction, and that "premature conclusions" should not be drawn.The half-billion-dollar sale of Bombardier plants that produce fuselage and wing components in Belfast and Morocco forms a key part of its shift from a commercial plane-and-train maker to a pure-play manufacturer of private jets.The deal is also critical to buoying the Montreal-based company's balance sheet, which is currently weighed down by more than US$9 billion in debt.Bombardier shares fell by two cents or four per cent to 33 cents in mid-afternoon trading on the Toronto Stock Exchange.This report by The Canadian Press was first published Sept. 30, 2020.Companies in this story: (TSX:BBD.B)The Canadian Press

  • GlobeNewswire

    Bombardier Continues Global Customer Service Expansion, Sets Stage for OEM Service in Europe

    * Bombardier setting the stage to establish a wholly-owned service centre in Berlin following agreement with Lufthansa Technik AG and ExecuJet Aviation Group AG * Key strategic move for Bombardier to grow customer support network as company focuses solely on business aviation * OEM-trained team in Berlin facility will provide customers with Bombardier’s full suite of world-class aftermarket MRO expertise and capabilities * Bombardier continues to invest in an extensive worldwide expansion of its customer services network in Europe, Asia and North AmericaMONTREAL, Sept. 29, 2020 (GLOBE NEWSWIRE) -- Bombardier today announced that the company has entered into share purchase agreements with each of Lufthansa Technik AG and ExecuJet Aviation Group AG to acquire all of the issued and outstanding shares of Lufthansa Bombardier Aviation Services (LBAS) that it does not own. This transaction enables Bombardier to further expand its worldwide customer support footprint by establishing a wholly-owned service centre in Berlin. The transactions are subject to customary closing conditions with closings anticipated to occur before the end of the year.“Bombardier has had a strong presence in Germany for many years, and we are proud that these significant transactions will continue to grow our presence in Europe as we work towards establishing a wholly-owned Bombardier service centre in Berlin,” said Jean-Christophe Gallagher, Vice President and General Manager, Customer Experience, Bombardier Aviation. “This investment is critical to the expansion of our service footprint in Europe and around the world, and as the service centre is set to become a wholly-owned Bombardier service centre, our customers will benefit from even more advantages and expertise offered by the OEM.”Strategically located at Berlin-Schönefeld airport, the service centre has been providing exceptional MRO services to Bombardier business aircraft customers since 1997. With more than 160,000 sq. ft. (15,000 sq. metres) of service capacity and 240 highly-skilled employees on site, the service centre provides customers with the highest-level maintenance and support for Bombardier’s growing fleet of Learjet, Challenger and Global business jets based in Europe, Russia, Africa and the Middle East.The service centre has received several awards for its technical excellence and customer satisfaction, thanks largely to an experienced and dedicated workforce. Among its many milestones, it was named the best Authorized Service Facility in Europe multiple times and was the first in Europe to perform maintenance on Bombardier’s flagship Global 7500 aircraft. The state-of-the-art service centre recently modernized and transformed its shop floor to maximize efficiencies and streamline processes, providing customers with an unsurpassed service experience.“With this direction, we continue to develop new reasons for customers to bring their jets to this location – and seek new ways for customers to benefit from the highest quality standards displayed by the dedicated, skilled teams on site,” added Gallagher. “As Bombardier charts a new course with its jet customers at the heart of our activities, we will continue to look for ways to actively grow the service footprint and optimize our service standard for our customers.”These announcements reflect the latest infrastructure investments aimed at enhancing Bombardier’s worldwide customer service network. Recent announcements include the construction of a new, state-of-the-art service centre at Miami-Opa Locka Executive Airport; the ongoing expansion of the Biggin Hill service centre in London; the major expansion of our Singapore Service Centre at the Seletar Aerospace Park; new Line Maintenance Stations (LMS) at strategic locations in the U.S, Europe; and new products and services for customers, including the next steps in Bombardier’s digital transformation.About Bombardier With nearly 60,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.Headquartered in Montréal, Canada, Bombardier has production and engineering sites in over 25 countries across the segments of Aviation and Transportation. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2019, Bombardier posted revenues of $15.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.Notes to Editors Visit the Bombardier Business Aircraft website for more information on our industry-leading products and services.Follow @Bombardierjets on Twitter to receive the latest news and updates from Bombardier Business Aircraft. To receive our press releases, please visit the RSS Feed section.Bombardier, Learjet, Challenger, Global and Global 7500 are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.For information Matthew Nicholls Bombardier Aviation Matthew.Nicholls@aero.bombardier.com +1-514-243-8214

  • Bombardier wins 10-year services contract to maintain 636 MOVIA metro cars in Singapore
    GlobeNewswire

    Bombardier wins 10-year services contract to maintain 636 MOVIA metro cars in Singapore

    MOVIA metro train BOMBARDIER MOVIA metro train currently in delivery for the North-South and East-West Lines. * New services contract demonstrates SMRT Train Ltd and Land Transport Authority’s confidence in Bombardier’s rolling stock services expertise * Bombardier secures position as a leading services provider in the region with more than 1,000 vehicles under maintenance across Southeast Asia by 2024BERLIN, Sept. 28, 2020 (GLOBE NEWSWIRE) -- Note to editors: To view the photo associated with this press release, please visit the following link: https://www.globenewswire.com/NewsRoom/AttachmentNg/0676ed3a-8ef1-4b72-b737-45fd28435c8b Global mobility technology leader Bombardier Transportation announced today that it has signed a new contract with Singapore’s rail operator, SMRT Train Ltd (SMRT), supported by the Land Transport Authority (LTA), to provide 10-years of long-term service support for 636 BOMBARDIER MOVIA metro cars currently in delivery for the North-South and East-West Lines (NSEWL). This order comes with an option to extend the agreement for a further 20 years. The new integrated fleet services contract includes technical support and spares supply at the NSEWL.“We are proud to continue playing such a major role, contributing to Singapore’s public transport network and supporting our customer’s ambitious expansion plan to grow its rail network to 360 km by the 2030s. This order demonstrates the confidence LTA and SMRT have in our industry-leading services capabilities,” said Jayaram Naidu, President of Southeast Asia Region, Bombardier Transportation. “We will maintain their assets to the highest levels of reliability and availability throughout their lifecycle and ensure that the trains move people safely and on-time to their destinations.”      This is the third order received for the NSEWL. The initial base contract was awarded by the LTA for 396 metro cars, then a further order of 240 additional metro cars was placed. The new NSEWL Service contract awarded is the latest chapter in Bombardier’s rail services growth story. In March 2018, SMRT awarded Bombardier a 10-year maintenance and spares support contract for 32 BOMBARDIER INNOVIA APM automated people mover cars operating on the Bukit Panjang Light Rail Transit (LRT) line. This was the first services contract of this scope for Bombardier in Southeast Asia. With over 1,000 vehicles under maintenance across Southeast Asia by 2024, Bombardier is fast becoming a recognized leader in rolling stock services.Bombardier is responsible for design, engineering, manufacturing, assembly, testing, commissioning and delivery of the six-car MOVIA metro trainsets for the NSEWL system, scheduled to arrive from 2021. In its 20-year partnership with Singapore, Bombardier has become a trusted local partner helping to solve the mobility needs of the city state. It contributes significantly to Singapore’s productivity by cultivating local rail engineering expertise and maintenance services capabilities.   About Bombardier Transportation Bombardier Transportation is a global mobility solution provider leading the way with the rail industry’s broadest portfolio. It covers the full spectrum of solutions, ranging from trains to sub-systems and signalling to complete turnkey transport systems, e-mobility technology and data-driven maintenance services. Combining technology and performance with empathy, Bombardier Transportation continuously breaks new ground in sustainable mobility by providing integrated solutions that create substantial benefits for operators, passengers and the environment. Headquartered in Berlin, Germany, Bombardier Transportation employs around 36,000 people and its products and services operate in over 60 countries.About Bombardier With nearly 60,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.Headquartered in Montréal, Canada, Bombardier has production and engineering sites in over 25 countries across the segments of Aviation and Transportation. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2019, Bombardier posted revenues of $15.8 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.Notes to editors For news, related material and photos, visit our newsroom at www.rail.bombardier.com/en/newsroom.html. Please subscribe to our RSS Feed to receive press releases or follow Bombardier Transportation on Twitter @BombardierRail.Bombardier, MOVIA and INNOVIA are trademarks of Bombardier Inc. or its subsidiaries.For informationMedia relations, Asia Pacific Harsh Mehta +91 9820802228 harsh.mehta@rail.bombardier.com Global media relations press@rail.bombardier.com You can also contact one of our worldwide contacts for specific press inquiries.