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Articles by Alain Bellemare
Bombardier to sell Belfast wing factory, dumping profitable Aerostructures unit
May 2, 2019, © Leeham News: Bombardier today reported its first quarter earnings, which were lower than originally expected by analysts and previewed last week. But the big news are plans to sell its Belfast, Northern Island, wing factory and its aerospace facility in Morocco. The Belfast plant produces wings for the Airbus A220 (nee C Series). This plant and the Morocco facility were reorganized previously into an Aerostructures unit that has been profitable.
Bombardier's G7000 will help it regain top spot among business jet makers: CEO
Bombardier's G7000 will help it regain top spot among business jet makers: CEO MONTREAL -- Bombardier Inc (BBDb.TO) expects to regain top spot among global business jet manufacturers in the coming years after delivering the fewest aircraft in more than a decade last year. "With the Global 7000 we are going to regain the leadership position in the marketplace," CEO Alain Bellemare said Wednesday at a Citi conference in Miami.
Bombardier 3Q2016 earnings: revenue down, performance up
Nov. 10, 2016, (c) Leeham Co.: Bombardier reported 3Q2016 and nine months results reflecting lower revenues as downsizing businesses and cost-cutting took effect. Revenues for the current quarter were $3.7bn vs $4.1bn. For the nine months, revenues were $12bn vs $13.1bn. Earnings Before Interest and Taxes (EBIT), and before special items, were $87m vs $75m for the quarter. Losses are special items were $94m and $4.9bn. For the nine months, EBIT was $323m this year vs $538m last year.
Une part minoritaire de Bombardier Transport sera offerte en Bourse
Un travailleur à l'usine de Bombardier Transport à La Pocatière Photo : PC/Jacques Boissinot Bombardier Transport fera son entrée à la Bourse de Francfort d'ici la fin de l'année. Seule une participation minoritaire du capital de la division ferroviaire de Bombardier sera cependant offerte aux investisseurs. La nouvelle a été annoncée jeudi matin par Bombardier, dans son communiqué dévoilant les résultats de son premier trimestre.
Bombardier écarte une vente d'actifs pour le moment
« On regarde toutes les options qui s'offrent à nous. On ne veut pas spéculer. Nous voulons le faire de façon intelligente. C'est un processus à long terme. » — Alain Bellemare, président et chef de la direction de Bombardier « Cela peut varier d'une simple alliance, (la création d'une) coentreprise à une vente d'actifs. Il y a des secteurs qui sont (le noyau) pour l'entreprise et sur lesquels nous allons continuer à bâtir et d'autres sur lesquels on doit se pencher un peu plus.
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