Wings Magazine

News
Bombardier sees drop in revenue but trims losses

It will take 15 years for Bombardier to repay the $372.5-million loan it is receiving from the federal government, the company's chief financial officer said Thursday.


February 17, 2017
By The Canadian Press

During a quarterly earnings conference call, John Di Bert shed some light on the terms of the federal assistance package announced last week for the Montreal-based aerospace giant, including how long it has to repay the money. | READ MORE