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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRBF | T.BBD.B | T.BBD.PR.B | T.BBD.PR.C | T.BBD.PR.D | BDRPF | BOMBF | BDRXF | BDRAF

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
Post by Bullvsbear99on Jan 19, 2020 11:59am
107 Views
Post# 30570880

Japan to the rescue

Japan to the rescue Don't worry about the Chinese.  They can't be trusted that's why deal to AB was done.  If bombardier wants they can get close to 7-10 Billion for aviation division from Honda or Mitsubishi.  Mitsubishi and Kawasaki are also excellent suitors for rail division which can also fetch 7-10 billion.  All three Japanese companies   are trying to make it big globally and they will not move work to Japan.  They population is shrinking and don't have the workforce  so they are better partners to work with.  All of them are eager.  I don't think bombardier needs to sell any division just get out of a220 program.  Money from a220 sale, Belfast, Morocco, CRJ is enough to buy out Cassie share.  Not contributing to 220 and paying Cassie will free up close to 500 million in cash burn. After 2021 all rail issues and global ramp will be sorted out.  I am surprised to see so drop as much as they did.  Bombardier family and bombardier management must be scratching their heads as well on the drop.  This company hads solid backlog and enough cash in reserves to ride this out.  Getting out of a220 is the way to go.  It's a lost cause now.
Bullboard Posts