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Tag: Needs to invest additional US $250 to $300 million in train division

Bombardier to burn through $500 million in cash this year amid efforts to get rail division back on track

August 2, 2019 Administrator

By Emily Jackson, Financial Post; August 1, 2019 Bombardier Inc. shares nosedived after it lowered its financial forecasts for the…

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Posted in: Passenger Rail Car Manufacturing Filed under: Bombardier, Canada, Complete five major projects already delayed, Expected to burn through $500 million in cash in 2019, Lowered financial forecasts, Montreal, Needs to invest additional US $250 to $300 million in train division, Passenger Rail Car Manufacturing, Persisten challenges in rail division, Quebec, Transportation

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