Bombardier to report quarterly results a day earlier than planned

MONTREAL – Bombardier has moved up the release of its first quarter results.

The aerospace and transportation company issued a brief statement late Tuesday saying it would report its results for the quarter ended March 31 on Thursday, a day earlier than scheduled.

When asked the reason for the change, spokeswoman Isabelle Rondeau said, without elaboration, that it was a “conflict, schedule issue.”

Bombardier (TSX:BBD.B) has asked the federal government for US$1 billion to help sell its CSeries passenger jets, a request Ottawa has been studying carefully since it was first made late last year.

The Quebec government has offered the Montreal-based company the same amount of money and says it is hoping to finalize the payment soon, after an original deadline to deliver the first instalment on April 1 came and went. Premier Philippe Couillard says the province’s first payment will be made when issues, including liquidity, are dealt with.

Bombardier has its annual general meeting scheduled for Friday.