RE:Thoughts on February 14th?Bomber has $3 billion cash reserve and Embraer has $1 billion. I haven’t seen any news but maybe it was mentioned. Is bomber using $2 billion from cash to pay for Triumph. In one of the qtly report Q&A DiBert had mention about acquisitions. Was this one he was talking about. By buying Triumph global wing division bomber just derisked the global program. If they have money for buying Triumph then cash flow issue must be contained. Bomber stock price is not doing well but they are slowly clearing all the mass Beaudion left. Beaudion put lots of money on c series that global, rail, q400 and crj all suffered major blows and delay.
-Learjet 85 over 1 billion written off de risk by discontinuing this money pit.
-give c series majority stake to de risk and save program and company.
-sell q 400 thanks to Beaudion bomber didn’t have money to refresh and aggressively market it. Sold to infuse cash.
-CRJ suffered due to neglect (could have been re engined) now a loss making division
-downsivew sold to improve liquidity and stabilize company. It’s good they did this as money was used to inject cash into rail division to clear all backlog and clean up defects not fixed during R&D.
Fact is bomber took on too much at once with 3 brand new aircraft design make, and certification that all money was sucked out. Money that was set aside to maintain competitiveness on q400, crj and rail division were diverted to the 3 development aircraft. Now bomber is getting out of all this huge mess. I think it was fluke bomber went as high as 5.58. Now it will slowly climb and by mid 20’s will be much higher.