RE:RE:RE:Debt reduction and dual ownership Too funny. They are not talking but in fact not buying. Not a single institution analysts following and rating Bombardier are or have bought Bombardier. Many in fact at time of rating declare that they dont hold any.
So the question is why all this free upgrades/downgrades from these analysts. Its simple its not for Bombardier but for other companies that are held by these analysts company.
As an example I hold UTX now RTX and have been holding and accumulating for over 20 years. Through out the years on many calls UTX CEO has been drilled about GTF engines for A220, flightdeck instruments for Bombardier aircraft, and other aircraft components that Collins/Goodrich/Hamilton Sundstrand made for Bombardier. And the risk if Bombardier were to cancel the program because of their debts. By asking about Bombardier they were holding UTC accountable for their investments. UTC did take hit from learjet canceling as 2 Pratt Canada 307B engines and R&D cost was tied to it. But rest did not. And because UTC was aware of Bombardiers potential debt and canceling of learjet they didn't commit to production status and 307 from Dassault 7/8X program was given to Bombardier for learjet test. So loss were minimal.
GE was also drilled by institutions for passport engines on Global and the impact. Long story short Bombardier is rated and followed by institutions and analysts for the benefit of other companies that they are invested in.