Bombardier exploring options for aerospace businesses: Bloomberg

FAN Editor
FILE PHOTO - A plane flies over a Bombardier plant in Montreal
FILE PHOTO: A plane flies over a Bombardier plant in Montreal, Quebec, Canada on January 21, 2014. REUTERS/Christinne Muschi/File Photo

October 15, 2017

(Reuters) – Canadian aerospace manufacturer Bombardier Inc <BBDb.TO> is exploring options for its aerospace businesses, including a sale of some operations, Bloomberg reported on Sunday.

The company is considering disposal of assets including its Q400 turboprop and CRJ regional-jet unit, the report said, citing people familiar with the matter.

Bombardier is also looking at partnerships with other aerospace companies, Bloomberg reported. According to the report, Europe’s Airbus SE <AIR.PA> is among the prospective buyers.

Bombardier declined to comment on the report. Airbus said it did not comment on market rumors.

(Reporting by Kanishka Singh; Editing by Andrew Hay)

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