Aircraft
Triumph Sues Bombardier Over Global 7000 Delay Costs
Triumph is seeking $340 million for Bombardier's "failure to pay...certain non-recurring expenses."

Triumph Group has filed a lawsuit seeking $340 million from Bombardier for costs associated with the Global 7000 program. According to a January 5 notice to the U.S. Securities and Exchange Commission, Triumph filed the lawsuit in the Quebec Superior Court in Canada on December 22 over “Bombardier’s failure to pay to Triumph Aerostructures certain non-recurring expenses incurred…during the development phase of a program.”

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