NEWS
04/26/2016 17:09 EDT | Updated 04/27/2017 01:12 EDT

Bombardier to report quarterly results a day earlier than planned

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

The 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 originally scheduled.

The aerospace manufacturer did not say why it bumped up the release of its earnings.

Bombardier has asked the federal government for US$1 billion to help it sell its CSeries passenger jets, a request the government has said it has been studying carefully since it was 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.

The Canadian Press