Bombardier puts Q400 plant in Russia on hold

Bombardier Inc. has put on hold a $3.4 billion (U.S.) plan to build up to 100 Q400 turboprops in Russia due to the political situation there. “We are not moving ahead because the conditions are not right at this point in time for a joint venture in Russia,” said Bombardier president and CEO Pierre Beaudoin on a conference call with reporters on Thursday. (www.thestar.com) עוד...