BRIEF-Bombardier provides C series program updates

Tue Sep 6, 2016 7:41am EDT
 
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Sept 6 (Reuters) - Bombardier Inc :

* Bombardier provides c series program updates

* 2016 c series delivery schedule adjusted to reflect pratt & whitney engine delays

* Consolidated revenue and ebit guidance reaffirmed

* As a result, consolidated fcf usage guidance range adjusted to $1.15b to $1.45b from $1.0b to $1.3b

* Expects to end year with a strong liquidity position

* Remains on track to achieve both its 2018 cash flow neutral goal and its 2020 turn-around plan objectives.

* Adjusted fy c series delivery forecast from 15 to 7 aircraft as a result of engine delivery delays by its supplier pratt & whitney

* Has more than 300 firm orders and up to 800 orders including options and commitments for c series program   Continued...