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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | BDRXF | BDRAF | T.BBD.B | BDRBF | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BOMBF

Industrials Aerospace & Defense
Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bombardier Inc.
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Comment by pierrelebelon Aug 10, 2020 10:07am
220 Views
Post# 31386839

RE:RE:RE:RE:RE:🚂Alstom to take account of weak BBD results in deal talks

RE:RE:RE:RE:RE:🚂Alstom to take account of weak BBD results in deal talks
clubhouse19 - your link is OLD news 17 Feb 2020

Real news from Alston is dated August 10, 2020 (roday)

LINK

"10  August 2020 – Alstom has reviewed the information communicated to the market by Bombardier Inc on August 6, 2020, particularly with regards to the financial and operational performance of Bombardier Transportation.

Alstom remains convinced of the strong strategic rationale for the acquisition of Bombardier Transportation and is confident in its ability to restore in the medium term the profitability and commercial performance of the business.

However, the quarterly announcement points to unexpected and negative developments regarding Bombardier Transportation, which is currently facing challenges, especially when compared to the information available prior to the February 17, 2020 announcement regarding Alstom’s intended acquisition of Bombardier Transportation.

Alstom will take into account the consequences of these operating and financial developments in forthcoming discussions with Bombardier Inc, and will update the market as required."

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