Bombardier has unveiled plans to raise new financing as Pierre Beaudoin steps down to be replaced as president and chief executive officer by outsider Alain Bellemare, until recently head of United Technologies’ Propulsion & Aerospace business. The moves are intended to reassure investors increasingly concerned Bombardier will run out of cash as it funds development of the delayed CSeries narrowbody airliner and upcoming Global 7000/8000 large business jets while sales of its ...

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