Log in to use our free company, program and sector update tracker feature.
 

Front page

Bombardier reports first quarter 2019 financial results and new strategic direction for aerospace, the formation of Bombardier Aviation

Bombardier announced today its financial results for the first quarter of 2019, in line with the preliminary results published on April 25, 2019. The Company also announced that it will consolidate its aerospace assets into a single, streamlined, and fully integrated Bombardier Aviation business unit, which will be led by David Coleal.

"We are very excited to announce the strategic formation of Bombardier Aviation," said Alain Bellemare, President and Chief Executive Officer, Bombardier Inc. "It is the right next step in our transformation. The consolidation will simplify and better focus our organization on our leading brands, Global, Challenger, Learjet and the CRJ. It will also allow us to better support our customers and generate value for shareholders."

"With our clear vision for the future of Bombardier Aviation, we will focus our aerostructures activities around our core capabilities in Montreal, Mexico and our newly acquired Global 7500 wing operations in Texas," Bellemare continued. "Collectively, these facilities provide Bombardier with all the skills, technologies and capabilities to design, produce and service the current and next generation of aircraft."

As the Company moves to optimize its global manufacturing footprint, Bombardier will pursue the divestiture of the Belfast and Morocco aerostructures businesses. These are great businesses with tremendous capabilities.

Bombardier Aviation will continue to be the best business aircraft franchise in the world, and well positioned to maximize the value of its proven CRJ regional jets. Together, Bombardier Aviation and Bombardier Transportation will be two strong pillars supporting Bombardier's future.

Press release issued by Bombardier Inc. on May 2, 2019

 

 Contact details from our directory:
Bombardier Inc. Airframer
Bombardier Belfast Nacelles, Wing Spoilers, Wing Flaps, Aircraft Structural Components, Fuselage Sections, Wings, Empennages, Fairings, Composite Manufacturing Supplies

Enhanced listings:


Ascent Aerospace
Ascent Aerospace is the leading provider of aerospace tooling systems, assembly automation and factory integration.

W.L. Gore & Associates
High performance sealants, surface protection materials, microwave/RF assemblies, high speed data connections, and aircraft connectivity solutions.

Druck
Druck is a world class supplier of aerospace pressure sensing solutions.

Capacitec
Capacitec Gapman Gen3 portable “electronic feeler gauge” measures very small gaps (200 microns) in airframe parts assembly

Interface Force Measurements Ltd
Accurate & reliable torque, force & pressure sensors, pressure mapping systems & calibration systems.

See our advertising tariff.

 

X
Monthly page limit exceeded. Please buy a subscription.

© Airframer Limited, operated under licence by Stansted News Limited 2019. Terms & Conditions of reading. Privacy policy