Bombardier

Bombardier looks set for €3bn Cairo monorail contract

Cairo
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Manufacturer Bombardier has been named as the preferred bidder to build a new monorail in the Egyptian capital Cairo.

The company said the rolling stock will be developed and built at its centre in Derby as part of the contract worth €3bn (£2.65bn).

The project will see 34 miles of monorail built connecting the New Administrative City with East Cairo and a second line of 26 miles between Sixth of October City and Giza.

The award is subject to contract and final confirmation.

MPs voice jobs concerns over Bombardier sale

Aircraft firm to sell its Northern Ireland operation.
The Government has denied that the aerospace firm, Bombardier, has put its Northern Ireland operation up for sale because of Brexit. 
But responding to an urgent question, a minister admitted that the news was unwelcome and the uncertainty for the workforce "deeply regrettable". Simon Jones reports.
And you can hear more from Today in Parliament every weekday night at 11.30pm on BBC Radio Four or listen via the BBC Sounds app.

What's the future for Bombardier?

BBC Radio 5 Live

Wake Up To Money

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The aerospace firm, Bombardier, is putting its Northern Ireland operation up for sale as part of a reorganisation of the business. It has raised fears for jobs as the Canadian aircraft manufacturer employs about 3,600 people across several locations in Northern Ireland.

Murdo Morrison of Flight Global told Radio 5 Live's Wake Up To Money that the business could be attractive to Airbus.

"What the business is very good at is building composite wings. They build these carbon fibre, effectively plastic wings, for the Airbus A220 and that gives them a real asset to work with Airbus developing the wings for the successor [planes]," he said.

Other interest could come from GKN or Spirit AeroSystems, he said.