BUZZ-Bombardier Inc: Reviews Global 7000/8000 business jets programs - report

Thu Jul 9, 2015 3:29pm EDT
 
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** Canadian plane maker's shares down 7.3 pct at C$2.02

** Company is conducting review of its Global 7000/8000 business jets programs, online aviation magazine AINonline.com reports, citing statement from Bombardier (bit.ly/1CsbzX3)

** Both programs expected to be delayed by 18-24 months, business aviation analyst Rolland Vincent says - AINonline.com

** Up to Wednesday's close, stock had fallen about 8 pct since May 6, a day before Bombardier outlined plans to list minority stake in its rail unit