BBD.A Bombardier Inc. Cl A

Bombardier announces gradual resumption of its manufacturing operations in Canada

Bombardier announces gradual resumption of its manufacturing operations in Canada

  • Expects 11,000 employees to return-to-work over the next few weeks
  • Return-to-work actions in full compliance with the strictest health and safety measures and guidelines
  • Will utilize the Canada Emergency Wage Subsidy (CEWS) program for the benefit of employees in Canada

MONTREAL, April 28, 2020 (GLOBE NEWSWIRE) -- Bombardier (TSX: BBD.B) today announced that it has begun the process of recalling most of its Canadian based employees that were placed on furlough following government mandates enacted to slow the spread of COVID-19. Suspended manufacturing and service activities will gradually resume as of May 11.

Nearly 11,000 employees are expected to be back to work within the next few weeks across our Aviation and Transportation segments and Bombardier’s Corporate Office. Return-to-work schedules will vary by site and be subject to new procedures to ensure employee health and safety.

Site and function leaders will be communicating specific plans and dates directly to employees. All recalled employees whose physical presence is not required at Bombardier’s production or service sites will be asked to work from home until further notice.

“As we resume operations across many of our sites, the health and safety of our employees, our customers and the general population will continue to be our top priority. I deeply believe that by continuing to work in close collaboration with the employee representatives and public health authorities in all the countries where we operate, Bombardier will establish itself as an example of a dynamic and responsible industrial leader in the global recovery,” said Éric Martel, President and Chief Executive Officer, Bombardier Inc.

Bombardier will utilize the Canada Emergency Wage Subsidy (CEWS) program for the benefit of eligible employees in Canada. This application has the full support of unions representing Canada-based Bombardier employees.

“Our industries are among the most affected by the unprecedented COVID-19 pandemic. And, I want to thank the federal government for putting this bold initiative in place to support Canadian workers and companies. I also want to thank the union leaders for their collaboration and support during these difficult times. Above all, I want to thank our employees and their families for their patience, understanding and dedication as we take the necessary actions to navigate through this global crisis and protect our business for the long-term,” added Mr. Martel.

About Bombardier

With over 60,000 employees across two business segments, Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains. Our products and services provide world-class transportation experiences that set new standards in passenger comfort, energy efficiency, reliability and safety.

Headquartered in Montréal, Canada, Bombardier has production and engineering sites in over 25 countries across the segments of Aviation and Transportation. Bombardier shares are traded on the Toronto Stock Exchange (BBD). In the fiscal year ended December 31, 2019, Bombardier posted revenues of $15.8 billion. News and information are available at or follow us on Twitter .

For Information

Jessica McDonald

Media Relations and Public Affairs

Bombardier Inc.



EN
28/04/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Bombardier Inc. Cl A

 PRESS RELEASE

Bombardier annonce la prorogation de la sollicitation de consentements...

Bombardier annonce la prorogation de la sollicitation de consentements à l’égard de ses débentures 7,35 % échéant en 2026 MONTRÉAL, 30 mars 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (« Bombardier ») a annoncé aujourd’hui le report de la date d’expiration de sa sollicitation de consentements précédemment annoncée (la « sollicitation des consentements canadiens ») à l’égard de ses débentures 7,35 % échéant en 2026 (les « billets canadiens »). La date limite de remise des consentements (au sens défini dans la déclaration de sollicitation de consentements dont il est fait mention ci-dessous) à...

 PRESS RELEASE

Bombardier Announces Extension of Consent Solicitation with Respect to...

Bombardier Announces Extension of Consent Solicitation with Respect to its 7.35% Debentures due 2026 MONTRÉAL, March 30, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has extended the expiration date of its previously announced consent solicitation (the “Canadian Consent Solicitation”) in respect of its 7.35% Debentures due 2026 (the “Canadian Notes”). The Consent Deadline (as defined in the Consent Solicitation Statement referred to below) for the Canadian Notes has been extended to 5:00 p.m., Eastern time, on April 10, 2026 (the “Extended Consent Deadli...

 PRESS RELEASE

Bombardier célèbre la première livraison de l’avion Global 8000 à son ...

Bombardier célèbre la première livraison de l’avion Global 8000 à son estimé client NetJets NetJets est le client de lancement de la flotte Global 8000, et avec cette livraison inaugurale, reçoit le premier de 24 jets d’affaires de ce type qu’il prévoit exploiter(1)La livraison de l’avion Global 8000 a eu lieu devant des centaines d’employés et d’invités spéciauxLe Global 8000 de Bombardier est l’avion civil le plus rapide depuis le Concorde, avec une vitesse maximale à l’avant-garde de l’industrie de Mach 0,95 (1 009 km/h), une distance franchissable de 8 000 milles marins (NM) (16,75 heur...

 PRESS RELEASE

Bombardier Celebrates First Delivery of the Global 8000 Aircraft to Es...

Bombardier Celebrates First Delivery of the Global 8000 Aircraft to Esteemed Customer NetJets NetJets is the fleet launch customer for the Global 8000 and, with this inaugural delivery, receives the first of 24 business jets of the type it intends to operate (1)Delivery of the Global 8000 aircraft took place in front of hundreds of employees and special guestsBombardier’s Global 8000 is the fastest civil aircraft since the Concorde, with an industry-leading top speed of Mach 0.95 (627 miles per hour), a range of 8,000 nautical miles (NM) (16.75 hours), and the lowest cabin altitude in busin...

 PRESS RELEASE

Bombardier Announces Successful Completion of Consent Solicitation wit...

Bombardier Announces Successful Completion of Consent Solicitation with Respect to its 7.450% Notes due 2034 MONTRÉAL, March 23, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that, in connection with its previously announced consent solicitation with respect to its 7.450% Notes due 2034 (the “US Notes”), it has received the requisite written consents to amend the indenture governing the US Notes as reported by the U.S. Information and Tabulation Agent on the trade. As previously announced, Bombardier solicited consents from the holders of the US Notes (the “US C...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch