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. > Bombardier Alstom Statement re: BT

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Comment by clubhouse19on Apr 25, 2022 7:25pm

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Post# 34630612

RE:Bombardier Alstom Statement re: BT

I saw that today from stockwatch.

They selcted at Alstom request and agreed by Bombardier to go through arbitration.

Even though it still is a relativly long process it is much quicker than going through legal courts.

I would think that the arbitrator may find arguements on both sides and IMO may be resolved with somthing in the middle as I would think the bomber refused any arguement from alston.

Thanks for the heads up.

BBDB859 wrote: Hey Club.

Remember we wrote to Bombardier Investor Relations, about the dispute over the $400M of BT funds on closing and the $400M less the Bomber received from Alstom on closing????

Well since we wrote to Bombardier Investor relations regarding those events. We finally got our response.

Your contact Francis Richer sent the responce to be printed publicly to Globewire. Here it is bellow.

https://www.globenewswire.com/news-release/2022/04/25/2428617/0/en/Bombardier-Statement-Regarding-Alstom-Request-for-Arbitration.html

Or you can read in Battery's post too, just bellow mine. That's where I got it from. Btw Thanks very much Battery. I hope you don't mind me passing it out to posters here. CREDIT TO YOU Battery. Good work.