Bombardier Sells Stock To Raise Money; Shares Dive

Credit: Global 7000: Bombardier
Canadian aerospace company Bombardier saw its stock price slump almost 6% in regular trading March 6, the day after the Montreal company announced it was selling about $500 million in new shares due to help cushion its balance sheet. “As it executes its five-year turnaround plan, the net proceeds...
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.

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.