Bombardier exploring options for aerospace businesses: Bloomberg

FAN Editor 7 years ago
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. https://bloom.bg/2gdycXF

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)

Leave a Reply

Next Post

New Zealand may have to wait until end of week for new government: Prime Minister

Sun Oct 15 , 2017
October 15, 2017 WELLINGTON (Reuters) – New Zealand acting Prime Minister Bill English on Monday said it could take until the end of the week to confirm the country’s next government. The country has been in political limbo since Sept. 23 when neither the National Party, which has led the […]

You May Like