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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRAF | BOMBF | BDRBF | T.BBD.B | 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... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > NEWS: JUST ANOTHER REASON TO LOVE THIS COMPANY
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Post by Starsearcher80 on Oct 18, 2022 8:36am

NEWS: JUST ANOTHER REASON TO LOVE THIS COMPANY

News just out this morning.  ANOTHER massive state-of-the-art facility coming online.  Bombardier, I'm REALLY impressed by the steps you're taking on ALL fronts.  Imho, you are absolutely setting yourself up to be the world leader in Business Jets.

 

ORIGINAL: Bombardier to Inaugurate State-of-the-Art Miami-Opa Locka Service Centre on Oct. 31, Latest Jewel in Worldwide Services and Support Expansion

 

2022-10-18 08:00 ET - News Release

 

  • Located at the Miami-Opa Locka Executive Airport in Miami-Dade County, new service centre an important hub for Bombardier business aircraft customers in U.S. and Latin America
  • Dynamic 300,000 sq. ft. service facility provides quick and efficient maintenance, repair, and overhaul (MRO) capabilities for all Bombardier business aircraft
  • Bombardier currently hiring maintenance technicians across its service network to support significant worldwide expansion

MONTREAL, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Bombardier is pleased to announce that it will officially inaugurate its newest, state-of-the-art service centre in the U.S., located at the Miami-Opa Locka Executive Airport (OPF) in Miami-Dade County, Florida. Bombardier's Leadership team, customers, VIP guests and members of the media will be invited to attend the ceremony on Oct. 31, 2022, in Miami.

Once fully operational, the new 300,000 square foot facility will more than quadruple Bombardier's current maintenance footprint in Florida and allow the company to transfer its service centre operations from Fort Lauderdale to the new one-of-a-kind customer service centre at Miami-Opa Locka Executive Airport (OPF), located close to Miami's bustling business district.

The new facility will be fully equipped to perform extensive and complete full-service scheduled and unscheduled heavy maintenance, including paint enhancement services, to help reduce aircraft downtime. It will be fully equipped to perform scheduled and unscheduled maintenance, aircraft modifications, avionics installations, and Aircraft on Ground Support (AOG) for Bombardier's business aircraft fleet of LearjetChallenger, and Global aircraft.

"The Miami Opa-Locka Service Centre brings essential, specialized services for our customers, enabling us to continue to deliver the service excellence they have come to expect from Bombardier," said Jean-Christophe Gallagher, Executive Vice President, Services and Support, and Corporate Strategy, Bombardier. "Our new facility in Miami will serve as an important gateway for our U.S. based and Latin American customers and will provide significant benefits, including improved aircraft turnarounds, greater convenience and OEM peace of mind to Bombardier's growing customer base here."

Bombardier is also currently hiring additional maintenance technicians across its entire service network to support its recent expansions. Technicians will receive Bombardier's Type Training Course for Mechanical and Avionics certification to provide maintenance services at all 10 Bombardier's service centres worldwide, including its newly expanded facilities in London Biggin Hill and Singapore, as well as its new facility in Melbourne, Australia. Bombardier's Service Centre Network currently has openings for a variety of technical and professional roles. For more information and to apply, visit careers.bombardier.com.

The new Miami-Opa Locka Service Centre aptly illustrates Bombardier's comprehensive global customer service commitment to provide the best customer service experience in business aviation today. With its recent service centre expansions in Singapore, London Biggin Hill, and new facilities both in Miami and in Melbourne, Australia, Bombardier has added close to one million sq. ft. of new service capacity to its worldwide aftermarket network.

 
Comment by thelostarc on Oct 18, 2022 3:56pm
It seems far fetched I know, but one thing great businesses do is birth other great businesses year after year... Right now, it would see we have a private jet manufacturer, a private jet maintenaner, a private jet marketer (potentially), a aeronautics defence firm (just starting), and a moonshot space/low orbit opportunity. Each business will continue to grow and provide value on a standalone ...more  
Comment by raphaelle2 on Oct 18, 2022 4:21pm
Fully agree...But you are forgetting their latest child: the C- series family of planes, soon to be stretched by AirBuss, right here in Mirabel.Conceived, designed and built by Bombardier tech and engineers. Next? IMHO their new ECO jet concept soon to be tested at larger scale ( in secret location in Qc) This jet has the potential to become a real game changer in bizjet transportation by flirting ...more  
Comment by Micmar on Oct 18, 2022 6:39pm
Don’t forget that all the spending to build those state of the art centres will stop and the money will start coming in. it’s the equivalent of two dollars per dollar.     GLTALongs.
Comment by BBDB859 on Oct 18, 2022 8:37pm
The Pearson plant will be paid for too by the end of Q1/2023. The +FCF will surprise everybody next years. In fact it's starting to happen now.. I estimate we'll have $700M to $1B in +FCF coming yearly, depending on the Revenues of Pearson  This kind of +FCF yearly is going to bring the LTD down substantially. That's when we'll see the LTD to Income Ratio in the low 3's..
Comment by Transit77 on Oct 18, 2022 8:59pm
So what's your SP prediction everything you said sounds about right! What do you predict ; )
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