23-Sep-2009 10:37 AM

Bombardier decision on output rate cuts impending

Bombardier CFO, Pierre Alary, stated the manufacturer would make a decision on commercial aircraft production rate cuts within the next few weeks (Reuters, 22-Sep-2009). According to the CFO, new orders have only just kept pace with cancellations, but the company has a number of current sales campaigns that could still factor into its production decision.