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.

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Comment by Pinotblancon Aug 14, 2018 9:35am

92 Views

Post# 28455716

RE:RE:RE:RE:New Share Issue TBA

pierrelebel wrote:
clubhouse19 - "...The C series cost to put into market is behind us for all intents and purposes."

I do not care if you are long or short or neutral on Bombardier. However, let's not ignore the facts that should be known to all.

Please take the time to review the announcement - by Bombardier - in June 2018:

"As previously announced, Bombardier will continue with its current funding plan of CSALP. Due to the early closing of the partnership, the terms of this plan are updated according to the following schedule: Bombardier will fund the cash shortfalls of CSALP, if required, during the second half of 2018, up to a maximum of $225 million US; during 2019, up to a maximum of $350 million US; and up to a maximum aggregate amount of $350 million US over the following two years,..."

That adds up to a possible maximum of Cdn$ 1,200,000,000 (US$ 925,000,000) that Bombardier will have to find somewhere.