Thursday, December 15, 2016

BOMBARDIER WANTS $1BILLION FOR FINANCIAL FLEXIBILITY

Bombardier says it's still looking for federal financial assistance despite forecasting strong earnings growth in 2017 and enough cash to achieve to its turnaround plan.
Chief executive Alain Bellemare told investors Thursday that the request made a year ago for US$1 billion in funding would add financial flexibility to manage unexpected risks or to develop its next aircraft program.
 

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