Bombardier cuts financial outlook, full-year revenue guidance down by US$1B

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Bombardier cuts financial outlook, full-year revenue guidance down by US$1B
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MONTREAL — Bombardier Inc. is cutting its financial guidance for the year due to lower expectations at its transportation business and commercial aircraft division.The company, which keeps it…

MONTREAL — Bombardier Inc. is cutting its financial guidance for the year due to lower expectations at its transportation business and commercial aircraft division.

Bombardier says revenue at its commercial aircraft business is expected to be about $250 million lower due to an earlier than anticipated closing of the sale of its business aircraft training business and the Q400 program.

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