May 15, 2015 - Bombardier Business Aircraft has
confirmed this week that current economic
conditions and geopolitical issues in some
market regions, such as Latin America,
China and Russia,
have impacted order intake levels industry-wide.
As a result, Bombardier Business Aircraft will
reduce its production rate for Global 5000 and
Global 6000 aircraft.
Approximately 1,750 employees, up to 1,000 in
the Montréal region, up to 480 in Toronto and up to 280 in Belfast will be progressively impacted at
various stages of the Global 5000 and Global
6000 production cycle.
Reductions will begin in June 2015 and continue
progressively through the first quarter of 2016.
Bombardier will communicate with affected
employees over the coming months and work to
mitigate the impact as much as possible.