Bombardier Inc. T.BBD.A

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

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.

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Bombardier Inc. > Expectations BA - Globals 7500

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Comment by Jim99999on Dec 30, 2020 10:48am

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Post# 32196882

RE:RE:RE:RE:Expectations BA - Globals 7500

Business aircraft includes more than just Globals.

As of Sept 30, 2020, Business aircraft deliveries total 70 deliveries YTD, compared to 90 at the same time in 2019, for a decrease of ~ 22% YOY.

Jim

flamingogold wrote: Martel pre-warned earlier in the year that covid would hit business jet deliveries by 30%. That would equate to a total output of 28 business jets. With 34 deliveries now they have surpassed their estimate.

"Business-jet deliveries across the industry will probably decline about 30 per cent in 2020, Martel said, reiterating an earlier forecast."

https://montrealgazette.com/business/local-business/bombardier-posts-surprise-second-quarter-loss-on-higher-costs-in-rail-unit
Mauserintime945 wrote:
 The plan was to produce 40 Global 7500 by 2020. They have 6 planes less in which equates to a shortfall of over $ 450 million.