April 24, 2017 4:19 AM ET

Aerospace and Defense

Company Overview of Bombardier Aerospace, Inc.

Company Overview

Bombardier Aerospace, Inc. designs, manufactures, and supports aviation products for business, commercial, specialized, and amphibious aircraft markets. Its aerospace products include commercial, regional, business, and amphibious aircraft; pre-owned aircraft; and firefighting aircraft, and interiors for aircraft. The company also provides transportation products and services, including rail vehicles, propulsion and controls, bogies, transportation systems, and rail control solutions. Its services include fleet management, operations and maintenance, asset life management, material solutions, and component re-engineering and overhaul services. The company was incorporated in 1944 and is head...

400 Côte-Vertu Road West

Dorval, QC H4S 1Y9


Founded in 1944





Key Executives for Bombardier Aerospace, Inc.

President of Defence Services
President of Flexjet and Skyjet
Age: 65
President of Bombardier Commercial Aircraft
Age: 58
Senior Vice-President, Sales for Bombardier Business Aircraft
Senior Vice President and Treasurer
Compensation as of Fiscal Year 2016.

Bombardier Aerospace, Inc. Key Developments

Bombardier Aerospace to Cut 1,080 Jobs in Belfast

Bombardier Aerospace is to accelerate an ongoing redundancy program in the North and cut a total of 1,080 jobs within the next few months instead of a previously outlined two-year period. The company announced that it intends to speed up the pace of the redundancies that it first announced in February as part of a push to reduce its global workforce by 7,000. The acceleration in the planned redundancy program in the North follows Bombardier's confirmation that it intends to cut a further 7,500 jobs across its global operation, prompting fears that the North may yet be subject to another round of cuts.

Flexjet Orders 20 Bombardier Challenger 350 Business Jets from Bombardier Aerospace

Flexjet reported that it has exercised options for 20 additional Challenger 350 business jets from Bombardier Aerospace, bringing to 40 the number of firm orders Flexjet has placed for the highly sought-after super-midsized aircraft. The Challenger 350 is the successor to Bombardier's venerable Challenger 300, which has served as the backbone of the Flexjet fleet since the company's founding 20 years ago. Bombardier relied heavily on Flexjet's Challenger 300 operating data and user experience information to design many of the advances and enhancements on the Challenger 350 that have been so well received by Flexjet Owners.

Toronto-Area Bombardier Aerospace Workers Ratify Collective Agreements

Members of two Unifor locals at Bombardier Aerospace in Downsview, Ont., have ratified new collective agreements with the company. The agreements approved include improved pensions and job security, along with wage increases. The contracts cover members of Unifor Local 112 who work in production at the Toronto-area plant, as well as members of Unifor Local 673 who work in technical office and clerical positions. There will be wage hikes in the second and third year of the agreements of one and 1.25% respectively. The contracts expire in June 2018. The union says the agreements also call for contract workers to be made permanent.

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Recent Private Companies Transactions

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