Bombardier: Demand Sufficient To Replace Russian Orders
Believing that the strong market will ease lost Russian business, Bombardier is taking steps for a reverse stock split.

Bombardier expects it will be able to backfill order cancellations resulting from the sanctions on activities with Russian clients. During an event at the Montreal Council on Foreign Relations last week, Bombardier president and CEO Eric Martel told reporters that the company was confident that demand was sufficient to replace the cancellations. The company confirmed that Russia represented about 5 percent of its sales.