- Alstom SA on Monday agreed to buy Bombardier Inc’s train business for up to 6.2 billion euros , days after Airbus SE agreed to buy out Bombardier’s remaining stake in the A220 passenger jet program, helping the company improve its financial position.
1937-1959: Joseph-Armand Bombardier launches the seven-passenger B7 snowmobile, founds the L’Auto-Neige Bombardier Limitee and launches the world-famous Ski-Doo. 1986: The company expands into the aerospace industry with its buyout of Canadair, maker of Challenger wide-body business jets and the CL-215 amphibious firefighting aircraft.
2010: Concerns crop up over delays with the C-Series jets, which promised market-beating performance when launched due to new engine technology and a lighter airframe.
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Still couldn’t get street cars right
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