Bombardier still looking for federal cash despite improving financial position

Bombardier Quebec 20160623
Bombardier’s CSeries commercial jet takes off on its first flight in Montreal on Sept. 16, 2013. Bombardier Inc. and the Quebec government have reached a definitive agreement for the province to invest US$1 billion towards the CSeries passenger jet program.The two sides have been working out details of the agreement since the plan was originally announced in October.

Bombardier says it’s still looking for federal financial assistance despite having enough cash to achieve to its turnaround plan.


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