Bombardier Pins Hopes On New CEO, New Financing
In 2012, when the CSeries was planned to cost $3.4 billion to develop, Bombardier had $5.7 billion in debt and $670 million in earnings. Now the cost of developing its all-new narrowbody airliner has risen to $5.4 billion, and the company has $8.4 billion in debt and losses of $570 million in 2014...
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