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 flamingogoldon Dec 30, 2020 7:57pm

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Post# 32200621

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

BBD lost the CSeries but out of this program they developed the best in class line of business jets. I would have liked to have the whole pie but unfortunately Boeing f-ed them up only to have Airbus sh-t them out.

bicente wrote:
The Cseries caused most of the debt but if we really look at the numbers ( compared to other bulders who developed a clean sheet platform) the bomber did pretty well with the $10 Billion it spent ... most others would have spent $30 B , and that's what it will cost for the next builder who attempts to do it ... The whole Cseries was a dream too hard to bring to market for little bomber , but they did it , just goes to show how tough they are , hopefully they will put their knowhow and innovation into a much more profitable business plan . Business jets will be in much more of a demand in the near futur and the bomber is set up well to take advantage of it ... GLTA

PabloLafortune wrote: 805,

If you dive into the #s and compare with some others, they need to improve the EBITDA and I believe EM is working hard on this. The LTD they can get down from BT proceeds and perhaps some other ways (I'm sure they are working on those as well).

It is incomprehensible though how much debt - both long term and other liabilities - they accumulated over the past 7-8 years. Every guardrail was set aside to fund the pet projects. Describing it as riverboat gambling may be understating it. The other family members - those who didn't participate much if at all in BRP and lost most of their equity (on paper) in BBD so far must be absolutely livid (as we are). Onwards and upwards as some like to say.

BBDB859 wrote: Hey Pablo.

The elephant in the room will be taken care of. They have to take care of it. They can't survive otherwise. They went after easy money in the JB market. Now they have to pay it back. They made a lot of mistakes just to survive. But they have to pull themselves out of this situation and do it as fast as they can.

The interest to service this JB debt is just killing them. You know that better others here.

I like EM too. But you know who the problem is. It's the "Idiot Heir".

Are they at the point of restructuring the shares? I don't think so. I don't think they will restructure them period. It's very riskey.

What I do think is that this company will grow with new products eventually. But right now, they have to focuss on the pure play. BA has to be profitable on it's own. Before they can get into other ventures.

The only thing to watch for right now is, to see what they'll do with the Billions coming from the closing.

Cheers
859

PabloLafortune wrote: We shouldn't be surprised. This division has always been pretty good and EM was the right man for the job. I've been around a few large companies, you learn to figure out who's good and who's not and you could tell that EM was in his element here. How he is performing thru this COVID crisis reinforces this view. I also believe the best is yet to come operationally.

Its the rest that remains to be seen - closing BT sale to Alstom, will the capital/shares be restructured and if so will it be viewed positively or negatively by the market, do they need to diversify from business jet or will pure play work, and of course the elephant in the room - the debt and interest thereon.

GuiGau1 wrote: Just as a reminder, before Covid-19, the goal for 2020 was 40 Global 7500

They are actually at 34 with all the Covid going on.
BA delivers ... good thing for us!

https://www.lesailesduquebec.com/global-7500-des-objectifs-trop-ambitieux/