Bombardier Announces Financial Results for the Third Quarter Ended September 30, 2015
-Revenues of $4.1 billion; backlog of $61.8 billion
-Solid liquidity at $3.7 billion
-C Series flight testing 97% complete and certification imminent
-Recorded $3.2 billion charge for C Series program
-Cancellation of Learjet 85 aircraft program announced
-Management team strengthened with appointment of Nico Buchholz as Senior Vice President and Chief Procurement Officer
"Today, we are proud to announce that the government of Québec will invest $1 billion in the C Series aircraft program. This partnership comes at a pivotal time, with the C Series on the verge of certification. The market is there, our leadership is in place, we have the best product and with the support of the government, we are ready to make this aircraft a commercial success," Mr. Bellemare.