May 29, 2009 / 7:44 PM / 9 years ago

Bombardier says company right size for demand

MONTREAL, May 29 (Reuters) - Bombardier Inc (BBDb.TO) Chief Executive Pierre Beaudoin said on Friday that the plane and train is the right size for the demand and that it is seeing some orders come back in the aerospace sector, which has been hard hit by the weak economy.

In early April, Bombardier said it would cut 3,000 jobs in Canada, the United States and Mexico, on top of nearly 1,400 layoffs announced earlier in the year, to deal with weakness in the aerospace sector.

The world’s No. 1 passenger train maker and No. 3 civil aircraft manufacturer delivers its results for the latest quarter on June 3. (Reporting by John McCrank; editing by Rob Wilson)

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