Design Engineering

Bombardier posts higher profit, cuts more jobs

By Design Engineering staff   

General Aerospace Aerospace transportation

Montreal-based Bombardier has reported better-than-expected financial results for the fourth quarter on the heels of an announcement that the manufacturing giant will cut 3,000 more jobs.

Development of Bombardier’s newly launched aircraft, the CRJ1000, the Learjet 85 and CSeries aircraft programs are progressing as scheduled. In March 2009, two customers signed purchase agreements for the CSeries aircraft: Deutsche Lufthansa AG signed for 30 CS100 aircraft with options for an additional 30 CSeries aircraft and Lease Corporation International (LCI) for three CS100 and 17 CS300 jetliners with options for a further 20 CSeries aircraft.
www.bombardier.com

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