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Bombardier forecasts positive 2020 cash flow after quarterly loss

FILE PHOTO: Bombardier sign is pictured at the static display of aircraft in Geneva
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MONTREAL (Reuters) - Canadian plane and train maker Bombardier Inc forecast positive cash flow for 2020 after it agreed to sell the remaining stake in its capital-intensive commercial aircraft program to Europe's Airbus .The deal, which gives Airbus a 75% share and the Canadian province of Quebec a 25% stake in the A220 jetliner program, allows Bombardier to avoid future investments of about $700..
Date Published: Feb 13, 2020
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