Canada's Bombardier Inc cut its full-year profit and revenue forecast on Th...
FILE PHOTO: Logo of Bombardier is seen at an office building in Zurich, Switzerland, February 28, 2019. REUTERS/Arnd Wiegmann/File Photo
The plane-and-train maker is nearing the end of a five-year turnaround plan after a round of heavy investment in plane production that drove the company to the brink of bankruptcy in 2015. Montreal-based Bombardier also said it expects to deliver only 30 commercial planes, compared with 35 it had previously forecast, as the sale of its Q400 aircraft unit is now anticipated to close mid-year.
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