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Bombardier Inc. T.BBD.A

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

Post by Form001on Dec 06, 2023 9:01am
296 Views
Post# 35770622

The Globe and Mail

The Globe and MailThe Globe and Mail reports in its Wednesday edition that Bombardier is not giving up on its submarine hunter aircraft. The Globe's Nicolas Van Praet writes that ric Martel, chief executive officer, says Bombardier will press ahead with efforts to interest other countries in a militarized version of its Global 6500 business jet after the Canadian government rejected the concept and awarded a multibillion-dollar contract for new maritime patrol planes to U.S. giant Boeing. "This is not changing the trajectory of Bombardier," Mr. Martel said of Ottawa's decision. "We still have a couple of other countries that are talking to us for mainly the same product. Some are actually talking about replacing their [Boeing planes] because they're not superhappy with it." The comments underscore Bombardier's resolve to find buyers for the new plane as the company builds out its military business -- as well as a desire to prove its home government wrong in its assessment of its military wherewithal. Mr. Martel said the new aircraft could be engineered at "minimal" risk to the manufacturer. The feds will spend $10.4-billion on a new fleet of 14 Boeing P-8A Poseidon aircraft to replace Canada's aging CP-140 Aurora surveillance planes.
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