Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bombardier Inc. T.BBD.A

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

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

Comment by NoNameAtAllon Oct 30, 2021 8:34am
269 Views
Post# 34067424

RE:RE:RE:RE:RE:RE:RE:RE:Q4

RE:RE:RE:RE:RE:RE:RE:RE:Q4Alexcanada,

The number is not a guess.  It is calculated by using the average price per plan so far this year and the number of planes needed to hit 120 deliveries.  Since BBD confirmed on the call there will be 120 deliveries this year and there are only 2 months left, it would be exceedingly stupid for BBD (since they know when deliveries are scheduled) to say 120 and then not deliver.  I would be more skeptical of the number if we were talking about next year.  But where we are talking about planes that they have in production right now and scheduled for delivery over the next two months, there is not much chance for error there.

So, it is not based on assumption of Q4 being higher and then guessing, it is simple math.  The only assumption is that the revenue from servicing planes will be the average of the previous three quarters.  
<< Previous
Bullboard Posts
Next >>