Bombardier (BDRAF.PK +0.3%) says it's cutting production of its CRJ aircraft as of January due...

|About: Bombardier Inc.B (BDRBF)|By:, SA News Editor

Bombardier (BDRAF.PK +0.3%) says it's cutting production of its CRJ aircraft as of January due to slackening demand. The decision is part of the company's pre-announced plan to streamline its production over the next three months. It doesn't expect any job cuts, noting employees will be transfered to other current and in-development aircraft projects.