Bombardier Warns Of Soft Q1; Cuts Full-Year Forecast By $1 Billion

Credit: Bombardier
WASHINGTON —Light deliveries of business jets and further delays on major rail projects forced Bombardier on Apr. 25 to warn investors of softer first-quarter financial results and to cut its 2019 outlook . In turn, Bombardier ’s publicly exchanged stock price plummeted 15% in regular trading in...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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