Bombardier Inc.
TSX : BBD.A
TSX : BBD.B
OTCQX : BDRBF

Bombardier Inc.

October 01, 2015 08:00 ET

Bombardier Closes the Sale of its Military Aviation Training Activities to CAE Inc.

MONTRÉAL, QUÉBEC--(Marketwired - Oct. 1, 2015) - Bombardier (TSX:BBD.A)(TSX:BBD.B)(OTCQX:BDRBF) announced today that it has closed the sale of its Military Aviation Training activities to CAE Inc. for a total consideration of $19.8 million Cdn. This will enable Bombardier to further focus on its core business areas. This transaction has received the approval of all appropriate regulatory authorities and other consents from government bodies.

About Bombardier

Bombardier is the world's leading manufacturer of both planes and trains. Looking far ahead while delivering today, Bombardier is evolving mobility worldwide by answering the call for more efficient, sustainable and enjoyable transportation everywhere. Our vehicles, services and, most of all, our employees are what make us a global leader in transportation.

Bombardier is headquartered in Montréal, Canada. Our shares are traded on the Toronto Stock Exchange (BBD) and we are listed on the Dow Jones Sustainability North America Index. In the fiscal year ended December 31, 2014, we posted revenues of $20.1 billion. News and information are available at bombardier.com or follow us on Twitter @Bombardier.

Bombardier and The Evolution of Mobility are trademarks of Bombardier Inc. or its subsidiaries.

Contact Information

  • Isabelle Rondeau
    Director, Communications
    Bombardier Inc.
    +514 861 9481

    Yan Lapointe
    Manager, Investor Relations
    Bombardier Inc.
    +514 861 9481