Montreal  — Bombardier said on Thursday that it would meet a key 2019 target and announced a deal worth more than $1bn with Spirit AeroSystems, sending shares up nearly 7% despite reporting it burnt more cash than expected.

Montreal-based Bombardier is in the middle of a restructuring, shedding underperforming commercial aircraft programmes to focus on more profitable business jet and rail units...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now