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Report: Bombardier reviewing options for aerospace businesses

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Report: Bombardier reviewing options for aerospace businesses

Canadian aerospace company Bombardier Inc. is reportedly looking for investors for its aerospace businesses and is exploring the sale of some of its operations, according to a Bloomberg News report on Oct. 15.

Citing people familiar with the matter, the report said the Montreal-based company is considering the disposal of such assets as its Q400 turboprop and its CRJ regional-jet unit. Airbus SE is said to be among the prospective buyers, Bloomberg reported.

Bombardier is also considering partnerships with other aerospace companies, according to the report.

Both Bombardier and Airbus declined to comment, the report said.