Bombardier faced difficult choices as ballooning costs and delays of developing the narrow-body commercial jet that would become Airbus’ A220 overstretched its financial resources. Between 2018 and ...

(Reuters) -French train maker Alstom has agreed to sell its Görlitz plant in Germany to defence equipment maker KNDS, the companies said on Wednesday. KNDS will start using the plant this year to ...

The transformation of the Goerlitz factory, located near the Polish border, into a combat-vehicle plant should be completed ...

Strategic public-private partnerships can unlock significant value for both passenger and freight rail, say Standard Bank and ...

By Anna Peverieri and Alban Kacher (Reuters) - French train maker Alstom on Tuesday reported higher than expected sales for its third quarter, helped by double-digit revenue growth in its systems and ...

Worries about the EU’s waning competitiveness have prompted a rethink of merger rules that prioritised consumers ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Alstom has been trying to cut debt and improve its finances, stretched in part because of problem contracts it inherited after the 2021 of Bombardier's (BBDb.TO), opens new tab rail business.

Manufacturers such as Bombardier, Embraer, and Gulfstream have scrambled to build these incredibly capable aircraft, servicing a growing passenger demand. While the large manufacturers of commercial ...

Historically, the Alstom plant has been the largest private sector employer in Thunder Bay. Unifor Local 1075 members work at the Thunder Bay plant, manufacturing multi-level trains and Toronto ...

Mid-life overhaul and upgrades of the Bi-Level series VIII cars will begin by 2026 at Alstom’s facility in Thunder Bay and will support approximately 250 high-skilled jobs until at least 2030. The ...