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):  BDRAF | BDRBF | T.BBD.B | BOMBF | T.BBD.P.B | T.BBD.P.C | T.BBD.P.D | BDRPF | BDRXF

Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global), spanning from the mid-size to large categories. The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company's 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, Italy, Austria, The United Arab Emirates, Singapore, China and Australia. Its jets include Challenger 300, Challenger 350, Challenger 3500, Global 5000, Global 5500, Global 6000.


TSX:BBD.A - Post by User

Comment by Truthifeston Dec 07, 2022 7:03am
281 Views
Post# 35155586

RE:RE:RE:RE:Large business jets are recession proof

RE:RE:RE:RE:Large business jets are recession proof

Recession resistant, yes, proof, no.  Europe is in a mild recession, and private jet flights are down a lot more than the US, which isn't in a recession.  And if we go down hard, orders and flights and maintenance will get stung, too, just not as much, and hopefully not nearly as much, as the average business.  It's not just the insulated wealthy that buy Bomber's planes, but corporations, too, some of which would surely feel the squeeze.  Still, smart move by mgmt to emphasize the most resistant parts of the biz, may come in handy worldwide as soon as next year.  

Having about two years of backlog should help a lot, too, of course.  Will be very interesting to see what happens to it over the next year.  The NetJets 8000 order adds to it, but might move some orders from the next two years to >=2025, as the PR said all of their 7500s will be converted to 8000s, and the latter doesn't go into service until 2025.  And the green's pressure reportedly had some buyers second-guessing their orders. Bomber had to convince one guy to take his 7500.  So that's a wild card.

<< Previous
Bullboard Posts
Next >>