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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 gobomberon Apr 25, 2020 10:22am
363 Views
Post# 30952948

My opinion on Bombardier's future

My opinion on Bombardier's future
First thing first. The Mothly Fool is garbage. It has always been garbage and will always be garbage.  Always the same approach. Destroy a company when they are down to recommend their own darling companies.

It is not all doom and gloom for Bombardier at least from their business jet division. As we all know, commercial flights are way down and will likely remain down quit a while. In the not too distant future, companies will start operating again and senior management will need to travel by air.

As COVID 19 will remain a threat for the next couple of years, I doubt very much that senior management is interested in travelig by commercial air given COVID 19, reduced commercial  flight schedules, and the aggravation having to go through security checks at airports.

I am quite sure that CEOs and their immediate senior staff will much prefer to travel by business jets rather than commercial air. We have already seen a major surge in demand from business jets rental agencies to the point that they cannot keep up with demand.

This can only benefit Bombardier's business jet division as buyers will be willing to pay a premium for new business jets. Hence, no need to discount the price for new business jets.

Bullboard Posts