Belfast Telegraph

Bombardier faces 'pivotal year for jets'

By John Mulgrew

Bombardier's boss says it will be a "pivotal" year for its flagship passengers jets - part-made in Belfast - after suffering losses.

The company is one of the biggest employers in Northern Ireland, with around 5,000 staff in Belfast.

Overall revenue at the Canadian-owned business fell to $4.3bn (£3.27bn) in the three months to June 30. That was a drop from $4.62bn (£3.5bn) a year earlier.

Bombardier reported wider-than-expected losses amid rising costs for increased production of the new CSeries planes.

Its chief executive Alain Bellemare, said: "We continue to make very good progress executing our turnaround plan.

"This was a pivotal quarter for the CSeries as both variants are now certified and the programme has begun generating revenue."

The Belfast workforce produces the wings and part of the fuselage for the passenger planes.

In April it secured a deal to sell 75 of the CS100 jets to Delta Airlines, with the potential for a further 50 orders.

However, it revealed in February that the company was cutting 1,080 jobs in Belfast over the next two years.

Belfast Telegraph


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