Bombardier forecasts near positive cash flow in 2020 after commercial aviation exit
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(Reuters) - Bombardier Inc on Thursday forecast a near-positive cash flow for 2020, after announcing it would take a $1.6 billion (£1.23 billion)charge on a jet partnership with Airbus that it exited earlier in the day.But Bombardier did not announce a deal with French rail giant Alstom SA following media reports of talks between the two companies, sending shares down 7% in morning trading. Montreal-based Bombardier has been shedding businesses as part of a turnaround plan, after it faced a..