Bombardier Inc. T.BBD.A

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

Industrials Aerospace & Defense

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

Bombardier Inc.

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Post by anon314on Jun 10, 2015 8:17pm

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Post# 23818231

RBC CM Summary: 2015 June 10

Bombardier Inc. (BBD.B) - $2.50 – Paris Air Show preview; All eyes on the CSeries
RBC CM: Outperform (PT $3.50)
The 2015 Paris Airshow officially kicks off next week on Monday June 15. RBC CM has a full slate of meetings with the largest OEM’s and suppliers concentrated early in the week, which tends to be the busiest days for new announcements. Perhaps the most intriguing aspect of the show is the international debut of the CSeries. Bombardier will be bringing both the CS100 and CS300 to Paris, in the hopes of generating renewed buzz (and potentially orders). While management has tempered order expectations heading into Paris, RBC CM thinks BBD could announce a couple of order conversions (possibly with launch customer Lufthansa / Swiss Airlines). Having the CSeries aircraft physically in Paris should help drive deeper sales conversations with potential customers. Furthermore, RBC CM suspects that Bombardier will be making positive revisions to the performance attributes of the CSeries. Bombardier has promised that the CSeries will burn 20% less fuel than similar planes in production. With more than 1,600 flight-test hours completed, management is indicating that the test data is coming in better than expected, which RBC CM believes will be confirmed in Paris.