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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

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

Bullboard Posts
Comment by Bullvsbear99on Aug 06, 2019 7:18pm
133 Views
Post# 29999599

RE:RE:RE:RE:Minimal effect

RE:RE:RE:RE:Minimal effectWhat did you expect from bombardier? You bought into a company which almost went bankrupt.  Squeezed by Airbus and Boeing, out sold by heavily subsidized Embarer which also enjoyed cheap labour.  C series was also squeezed by Boeing and Airbus as they control the same supply change with their buying power that Bombardier so desperately needed to build the airplane.

Rail did not do better against the cheap Chinese product and Europe favoured Alstrom and Siemens for most Euro contract.  Contracts that rail won could not be build in timely manner and with quality as all money went into C series, Global, and Learjet 85.  Three aircraft development sucked all referesh money for CRJ and Q series that they were no longer competitive.  All this happened thanks to Pierre Beaudion and bombardier family lost billions. 

Which of the above did you not know about three years ago before you bought bombardier?  I knew all of it before buying bombardier which was also about three years ago.  Knowing all of these I bought because bombardier is the little engine that can.  If you are a true long then you have to be patient.  5 year plan might take 7 or longer but the turnaround is happening.  Divisions that are going to be profitable are left rest has been sold off or written off.  If have the patience then stick around.  
Bullboard Posts