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Bullboard - Stock Discussion Forum 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > All the talk taking place before tomorrow’s financials
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Post by crypto65 on Feb 10, 2021 11:46am

All the talk taking place before tomorrow’s financials

There are a lot of posters on this forum who try to sound like they are in the know, have some knowledge of what to expect tomorrow when the financials come out. The reality is that no one has any insight unless they are Bombardier management, or perhaps in the loop.
 
Shareholders who are not day traders are anxiously optimistic about the 4th quarter financials, feel that Bombardier has learned from their past mistakes, done the necessary steps to turn the company around. 
 
An added note:
At the same time let us not forget that the lives of countless numbers of employees and their families will be negatively affected, lost jobs, tough times, a lot of heartache. I for one am cognizant of that toll even though it will revitalize the company and put it back on the road to profitability.
Comment by Inuk138 on Feb 10, 2021 12:50pm
Good point the first time I believe someone is concerned about the people who work for the company.  I believe we should consider it instead of criticism and think of those who might lose their jobs if Bombardier fails.
Comment by OGGambler on Feb 10, 2021 2:45pm
I think most of us realize that there are probably more layoffs to come, possibly tomorrow.  Its very unfortunate for those who will lose their job.  I've been saying for years that all this interest being paid by BBD was the equivalent of 10,000 jobs, nobody - family, QC, Ottawa, etc -  did anything to address it - in fact QC and its affiliates made it worse.  At the same ...more  
Comment by stockitnow on Feb 10, 2021 3:45pm
They have to right size the company for sure. Maybe we will hear more about the new Facility for Global assembly plant at YYZ. Gulfstream has all there facilities in Savanah. Bombardier has Toronto, Montreal and Wichita. Having multiple sites adds cost and complexity but also gives flexibility and competition between each site to keep costs down. Either way there might be further consolidation.
Comment by Guillaume on Feb 10, 2021 6:06pm
Former infrastructure (crj, cseries, A330 packages leaving) is still to big, so they will probably anounce something tmr. For the workers, unfortunately it s already done, and actually now they have just to wait for the people going to retirement not replacing them to cut even more. But, who know...
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