Bombardier defers guidance and 2025 objectives to assess impact of tariffs
Bombardier announced (06-Feb-2025) plans to defer providing guidance and 2025 objectives due to executive orders directing the US to impose new tariffs on imports originating from Canada, Mexico and China. Bombardier stated it will "further assess the direct and indirect impacts to its business of such tariffs, retaliatory tariffs or other trade protectionist measures implemented as this situation develops". It added: "Bombardier's long-term priorities and strategic orientation remain intact, including plans for continuing growth in its Defence and Services businesses and continued de-leveraging". [more - original PR]
Background ✨
Bombardier's decision to defer 2025 guidance follows a history of trade-related challenges, including a significant dispute with Boeing that led to the US imposing nearly 300% tariffs on its C Series aircraft in 2017, which Canada opposed strongly1 2. The company has also focused on debt management strategies, including using proceeds from the sale of Bombardier Transportation to address near-term debt maturities3.