Bombardier Inc. T.BBD.A

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

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. > Impact of CSeries on Bombardier

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Comment by clubhouse19on Mar 17, 2021 9:12pm

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Post# 32823053

RE:RE:RE:Impact of CSeries on Bombardier

The cash call made by Airbus is what I was referring to. Cash call being made by the majority partner to keep the partnership going..Cash call was to be used If remember correctly, with the Alabama plant..correct me if I am wrong.

Not a carte Blanche as the moneys are put up by both partners to go forward with the plan as agreed upon.It so happens that the bomber did not attain the cashflow as hoped especially with their issues in the rail division.
Just goes to show that the bomber could not go it alone nor cud they get funded by any reasonable investor to do so .

BBDB859 wrote: Hey Club.

I'm not sure what it was in that statement of "cash calls" that you need clarification on, by what you're saying below. But here's what I meant.

When you give your JV partner 51% of the company. You're in essence giving them "CARD BLANCHE" to spend your money. If they want to invest in PP&E like they did in Alabama? The Bomber had no choice but to comply with their 49% share in cash calls. The cash call refers to the 51% control. These cash calls are what I call gifts to your partner, because they even had given them the option to buy the CSeries for FMV. Did we see what the appraised value of the final deal for the CSeries sale? Fair MV. I didn't. The point being that when you don't lose or give control on top of the 51% freebee. Then to boot you're participating in spending money in the direction your partner wants to take the program to. This cash participation (cash calls) were even as further gift to the stupudity was the intent of the comment. Especially when you give your JV partner the option to take you out.

clubhouse19 wrote: When you say in the form of cash calls...BBD could not afford that cash call so if you say they made that cash call ..that is incorrect as far as I know.

BBD did not have the time let alone the money to be able to keep the C series waiting for things to turn around as they were leveraged in too many directions the worse being the debt. BTW...nothing stays on hold or suspension at no cost as it all costs money which just adds to the debt and IMO got lucky getting rid of it prior to the pandemic. Every plane they did not buil;d for those orders acyually saved them money as they were losers as far as returns are concerned.

IMO they would have been belly up by now unless they had a huge cash input by the governments.