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Bombardier to halt some business jet completion

Sep. 01, 2016 10:32 AM ETBombardier Inc. (BDRAF) Stock, BBD.A:CA StockBDRAF, BDRBFBy: Yoel Minkoff, SA News Editor
  • Bombardier (OTCQX:BDRAF, OTCQX:BDRBF) will halt completion work on its Global 5000 and 6000 business jets during certain periods in 2017, amid ongoing softness in the market for corporate planes.
  • "It's a very common practice to adjust our strategy to ensure we manage our inventories and costs," said spokesman Mark Masluch. "We'll... ensure we take steps to mitigate impact to our workforce."

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