investors: Chief executive Alain Bellemare told investors Thursday that the request made a year ago for 1 billion U.S. in funding would add financial flexibility to manage unexpected risks or to develop its next aircraft program, according to The Toronto Star. Obviously things have changed a lot over the past 12 months so the discussions are taking a different path, he said during an investor day in New York. Mark Blinch / REUTERS FILE PHOTO By Ross Marowitz The Canadian Press Thu., Dec. 15, 2016 MONTREAL Bombardier says it still looking for federal financial assistance despite having enough cash to achieve its turnaround plan. Bombardier CSeries jet entered commercial service this year after years of delays and cost overruns. Article Continued Below Meanwhile, he said the company is not expecting any negative impact on its British operations from Brexit and is optimistic about the election of Donald Trump. With the focus on ramping up CSeries production, Bellemare said the company has not yet decided if its next aircraft program will be to develop a new business jet or a commercial aircraft.
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