CONTENT PREVIEW
Industry

Bombardier announces strategic reorganisation, divesting Belfast, Morocco sites

03 May 2019
Follow

Bombardier has announced plans to consolidate its aerospace capabilities into one streamlined business unit, leading to the divestiture of its aerostructures manufacturing sites in Belfast, the UK, and Morocco.

This strategic move will result in the company operating under two business lines, namely Bombardier Aviation and Bombardier Transportation. As a result, it will seek buyers for the two proposed sites, which the firm says are “great businesses with tremendous capabilities”.

Bombardier Aviation will be led by David Colea, and will focus on the Global, Challenger, Learjet, and CRJ programmes. This represents a notable step away from the A220 development, of which the company sold a majority share to Airbus in 2018.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihsmarkit.com/janes





(135 of 456 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT