Bombardier to shed Belfast in revamp, shares slide on forecast fears
Share:
MONTREAL/BELFAST (Reuters) - Bombardier put its Belfast wing-making factory on the block as part of a wider shake-up, while the plane and train maker's failure to commit to meeting its 2020 goals knocked as much as 10 percent off its shares.The Canadian company said on Thursday it would unite its corporate and regional jet units, while selling off two aerostructures operations, including the Belfast plant, which is the largest high-tech manufacturer in Northern Ireland.Bombardier's retreat from..