Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRAF | BDRBF | BOMBF | 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), 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

Bullboard Posts
Comment by Pinotblancon Jan 08, 2019 4:53pm
131 Views
Post# 29202659

RE:RE:Response from Bombardier re Jason Air one Blog

RE:RE:Response from Bombardier re Jason Air one Blog
pierrelebel wrote: uptown59 - "This is a response from Bombardier "

Bombardier has always had a policy to quote "list prices" when calculating the value of a contract.

Everyone knows airplanes do not sell at list price but are deeply discounted from whatever "list price" is.

Back in 2016 when Bombardier announced to deal for 75 firm orders C Series (CS100), the news release stated:

"Based on the list price of the CS100 aircraft, the firm order is valued at approximately $5.6 billion US."

That works out to about US$74,600,000 per plane (list).

We all know that Bombardier took a huge writeoff to allow for the sale of these planes (and the Air Canada contract) below cost.

In the dispute with Boeing, documents were presented showing a selling price of slightly less than US$20,000,000 per plane.  (estimated cost to produce each airplane was established at US$33 billion).

In conclusion whatever pricing information provided by Bombardier must be understood to be based on "list price", not actual selling price to the airplane buyer.


Bombardier did not provide any documents concerning the price they sold the planes. I recall and they denied they were sold at $20 millions (true or false) telling they do not say the price to the competition. Try to find an article about your claim, you will not find any.
Bullboard Posts