(Reuters) - Struggling with long delays in its CSeries jetliner, aircraft maker Bombardier Inc on Wednesday announced it will reorganize its business structure and cut 1,800 jobs, and it said the head of its aerospace division would retire.
(Adds job cuts, analyst comment, background on previous departures.)
(Reuters) - Bombardier Inc <BBDb.TO on Wednesday announced a major overhaul in its organizational structure and the departure of the head of its aerospace division amid struggles with its long-delayed CSeries jetliner program.
(Adds comments from chief executive officer, adds background on CSeries jetliners)
Bombardier ( OTCQX: BDRBF , OTC:BOMBF ) says Guy Hachey, its COO and president of the company ..... transportation and aerospace divisions. The restructuring comes as Bombardier has been struggling to get the CSeries off the ground - sometimes
the commercial aircraft entering the market over the coming years, including the 787, 737-MAX, 777X, A350, C919, and Bombardier CSeries, which should generate stable growth over the long term.When this business recovers, recent market share gains
saw a 150-basis-point decline to 22.3% compared with last year's second quarter and in line with our long-term assumptions of 22.5%. We have reduced our 2015 growth estimate due to Bombardier 's CSeries aircraft delay.
FARNBOROUGH, England, July 16 (Reuters) - Canadian plane and train maker Bombardier has expanded to four from one its range of Q400 NextGen turboprop regional airliners including an 86-seat version as it aims
FARNBOROUGH, England, July 16 (Reuters) - Canadian plane and train maker Bombardier on Wednesday reached the 500 mark for deals for its Q400 turboprop model and for its CSeries airliner with three contracts announced at the Farnborough Airshow.
July 15 (Reuters) - British carrier Flybe said on Tuesday it had signed a services agreement with Bombardier Inc , making the Canadian planemaker's Q400 the 'aircraft of choice' for Flybe's UK branded business.