Bombardier forecasts 10 per cent revenue boost in 2019 after plans for 5,000 layoffs

MONTREAL - Bombardier Inc. says its largest jetliner, a massive rail backlog and aftermarket services will propel the plane-and-train maker to 10 per cent revenue growth in 2019, roughly in line with analyst expectations.

The 2019 guidance comes in the wake of a 60 per cent stock dive over the past five months and recent restructuring plans that will see 5,000 employees -- including 3,000 in Canada -- lose their jobs over the next five years.

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