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Bombardier shares rise on target commitment, asset sales

Bombardier Aviation spokesperson Mark Masluch exits the Bombardier Global 6500 business jet at
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MONTREAL (Reuters) - Bombardier Inc said on Thursday it would meet a key 2019 target and announced a deal worth more than $1 billion (£773 million) with Spirit Aerosystems , sending shares up nearly 7% despite reporting it burned more cash than expected.Montreal-based Bombardier is in the middle of a restructuring, shedding underperforming commercial plane programs to focus on more profitable..
Date Published: Oct 31, 2019
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