RE:RE:Some Q3 commentsThanks Temp.
Added to that, is that the usage for the past 6 months, is still sittng in Inventory that will be delivered in Q4/23. This will increase the +FCF for Fiscal year 2023, to the $280M/$300M range, and recover most of that $300 mill, from the 6 month useage. But NOT the $125M RVG payment.
What I'm impressed about is, the deliveries. They are on a torrid pace for deliveries, compared to their competition. The B2B is looking good. Wait till they announce the Flexjet order too, when they finalize it for Q4/23. This should be a great Quarter. Bombardier is miles ahead of its competitors on the supply chain. They kept the delivery pace up, Quarter by Quarter, and even managed, a full manufacturing facility move to Pearson, for Q1. What else can you ask from an OEM.
As for the SP? EM said it best to Noah. No Comment. What can you do, or say, about the Shorting?
Finally. We are at 82 planes after Q3/23, We've delivered 6 to the end of Oct., Q4 so far. So we need another 50 planes out for Nov. and Dec of 2023. That's very doable. JMHO.