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

Industrials Aerospace & Defense

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), spanning from the mid-size to large categories. The Company also provides aftermarket support for both of these aircraft, as well as for the Learjet family of aircraft. The Company's 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, Italy, Austria, The United Arab Emirates, Singapore, China and Australia. Its jets include Challenger 300, Challenger 350, Challenger 3500, Global 5000, Global 5500, Global 6000.

TSX:BBD.A - Post by User

Bombardier Inc.

Bullboard Posts

Comment by Pinotblancon Aug 13, 2018 2:05pm

81 Views

Post# 28451137

RE:RE:RE:Will a new Quebec government support Bombardier

pierrelebel wrote:
"Will a new Quebec government support Bombardier"

Yes, a Quebec government will support Bombardier, no matter the party in power.

However, keep in mind that supporting Bombardier, its industry, workers and suppliers does not mean supporting common shareholders.

We had a severe situation with the North American automotive industry about ten years ago. Bush (Republican) and Obama (Democrat) in the USA got together with the Canadian federal government (Conservatives) and Ontario government (Liberal) to save the industry and hundreds of thousands of jobs. When government support is needed to prevent the failure of an important industry, party politics generally is not considered.

Local "jobs" always take precedence.

Back to the automotive industry crisis of 2008-2009 keep in mind that original shareholders of GM and Chrysler lost their investment when both filed for bankruptcy. The bondholders and new shareholders and government support (equity and debt) took over.

Since we are no more close to bankruptcy and that all the analysts but two (hold) have a buy rating, they are a lot more reliable knowing what you used to post since I began to buy Bombardier. Also most of the time when the price is down, so your nick "pierre downer" because they are always the worse scenario.
I am done for today, time to go cycling.

Bullboard Posts

Rich TV Live's Stocks to Watch this week (May 31, 2024)