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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

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

Bullboard Posts
Comment by pablo87on Sep 29, 2020 2:01pm
317 Views
Post# 31635948

RE:Spirit

RE:Spirit Seems Bombardier has them over a barrel.
bbdaerospacecnd wrote:

Spirit: "The pending Bombardier Acquisition may subject us to litigation.

 

Although we believe that we have complied with our covenants and agreements under the Bombardier Purchase Agreement with respect to the Bombardier Acquisition, the acquisition may not close as a result of the passage of the Bombardier End Date or otherwise. In such event, the Bombardier Sellers may commence legal actions alleging that we have not complied with our applicable covenants and agreements. There is a risk that the outcome of any such potential litigation will not be in our favor. Such litigation may result in substantial costs and diversion of our management’s attention and resources, and could disrupt our business, as well as have a material adverse effect on our financial condition and results of operations."
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001364885/457cd8cb-641d-42a7-ab1a-b7207d1e268a.html



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